CRNT - Ceragon Networks EPS beats by $0.03 beats on revenue

Ceragon Networks (CRNT): Q1 GAAP EPS of -$0.01 beats by $0.03.Revenue of $68.3M (+22.2% Y/Y) beats by $3.75M.Operating income was $0.4M vs. a year-ago loss of $6.0M.Cash and cash equivalents was $33.0M at March 31, 2021, compared to $27.1M at December 31, 2020."We continue to target revenue growth in 2021. Although we still expect a slow start for the first half of the year, we continue to expect yearly revenue to be between $275-$295 million".Press Release

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Ceragon Networks EPS beats by $0.03, beats on revenue