CRNT News and Press, Ceragon Networks Ltd. From 05/03/21

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 g...

Ceragon Networks Reports 2021 First Quarter Financial Results Q1 2021 Financial Highlights: - Revenues of $68.3 million - Operating Income of $0.4 million on a GAAP basis, or $0.7 million on a non-GAAP basis - EPS of $(0.01) per diluted share on a GAAP basis, or $(0....

Ceragon Networks' (CRNT) board appointed Doron Arazi, an industry-leading executive and the Company's former deputy CEO & CFO, as its CEO effective July 2021.After his 16-years tenure, Ira Palti will still remain on company board and will be appointed as Vice Chairman.When ...

Doron Arazi to Succeed Ira Palti as CEO of Ceragon Networks Palti will transfer his post to Arazi, the Company's former deputy CEO & CFO, beginning of July 2021 PR Newswire LITTLE FALLS, N.J. , April 12, 2021 /PRNewswire/ -- Ceragon Networks Ltd. (NAS...

Ceragon Networks Announces Date For First Quarter 2021 Financial Results PR Newswire LITTLE FALLS, N.J. , April 7, 2021 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global leader in wireless hauling solutions, today announced that it will release...

TIM Brazil has selected Ceragon Networks (CRNT) to participate in the joint work they are carrying out along with Telecom Infra-Project ((TIP)) and the National Telecommunication Institute ((INATEL)) to test providers for 5G OpenRAN.For these trials, TIM Brazil will deploy Ceragon's new gener...

Ceragon Selected by TIM Brazil to Participate in TIP 5G OpenRAN Trials This trial marks a substantial step forward towards Ceragon's involvement in Brazil's future network deployments PR Newswire LITTLE FALLS, N.J. , April 5, 2021 /PRNewswire/ -- Ceragon Ne...

Tier 1 Operator in the Pacific Rim has placed a significant follow-on frame agreement with Ceragon (CRNT) for flexible wireless hauling solutions to transform its network towards 5G.CRNT will help the operator expand its urban network coverage, reliability, and speeds, and extend its network ...

Tier 1 Pacific Rim Operator Expands its Network to Achieve Nationwide Coverage with Ceragon; Frame Agreement Valued at up to $23M At the forefront of the 5G revolution, Ceragon to provide Operator with wireless hauling solutions to build 5G urban coverage and expand 4G to rural ...

The company posted a loss in Q4 but top-line momentum seen across multiple markets. The firm continues to generate strong cash flow and increase the number of its design wins. Ceragon looks poised. The latter two quarters of 2021 could be much different to Q3 & Q4 of 2020. ...