Canaccord Genuity Downgrades Ceragon Networks (CRNT) to Hold following Q3 Miss

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Ceragon Networks Ltd (CRNT) Misses Q3 EPS by 2c

October 29, 2012 3:21 PM EDT

Ceragon Networks Ltd (NASDAQ: CRNT) reported Q3 EPS of $0.09, $0.02 worse than the analyst estimate of $0.11. Revenue for the quarter came in at $118 million versus the consensus estimate of $121.32 million.

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