Ceragon Networks

Ceragon Networks Ltd. is engaged in the provision of wireless backhaul and fronthaul solutions. Its products include IP-50, IP-20, IP-20 Assured, Pointlink Stabilized Platforms, and Network & Service Management. The company was founded on July 23, 1996 and is headquartered in Tel Aviv, Israel.

Earnings data Q4 2020

Earnings data Q1 2021

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Ceragon Networks reports strong 2022 performance and anticipates 2023 growth

Ceragon Networks anticipates strong growth in 2023 with new product launches and E-band sales.
Company aims for a gross margin above 35% and expects improved profitability in 2023.
Geographic expansion in key regions and focus on new technology present growth opportunities.
Challenges in Q4 2022 are being addressed with a positive outlook for future performance.

Ceragon Networks posts solid Q1 results, eyes growth opportunities

Ceragon Networks delivered strong Q1 results, showcasing revenue growth, expanded margins, and a robust order backlog. The company's strategic focus on key markets and upcoming product launch signal a promising future. While challenges like supply chain dynamics persist, Ceragon's resilience and growth prospects remain compelling.

Ceragon Networks excels in Q2, eyes European expansion and new products

Ceragon Networks delivered strong revenue, profitability, and bookings in Q2, with optimism for continued growth in Europe and new product launches. The company's focus on cost efficiency, market expansion, and product innovation positions it for sustained success.

Ceragon Networks posts robust Q3 earnings, eyes Siklu acquisition for growth

Ceragon Networks reported strong financial results for Q3 2023, with revenue growth, improved profitability, and a positive cash position. The pending Siklu acquisition and strategic focus on sales and marketing investments position the company for future growth. Despite challenges like geopolitical risks, Ceragon Networks is optimistic about its growth prospects.

Ceragon Networks excels in Q4 2023, eyes growth in private networks

Ceragon Networks delivered a strong performance in Q4 2023 and the full year, driven by exceeding revenue guidance and achieving record operating income. With a focus on strategic acquisitions, market segment growth, and expansion in North America, the company is poised for continued success. Challenges lie in integrating acquisitions and meeting ambitious revenue targets, but opportunities abound in expanding private networks and launching innovative products.

Ceragon Networks reports strong Q1 performance, eyes revenue growth

Ceragon Networks had a positive Q1 2024, with strong revenue growth and profitability. The company faces challenges in managing revenue growth fluctuations but has opportunities to achieve its revenue targets and improve cash flows.

Ceragon Networks excels in Q2, eyes growth in private networks

Ceragon Networks delivered a strong Q2 performance with revenue growth, improved margins, and profitability, driven by new private network customer acquisitions.
The company's strategic focus on diversification, software-led revenue, and acquisitions is strengthening its market position and competitive advantage.
While Ceragon faces challenges in sustaining growth and managing acquisitions, proactive risk mitigation and strategic initiatives can support long-term success.

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Ceragon Networks Ltd. engages in the provision of wireless backhaul and fronthaul solutions. Its products include IP-50, IP-20, IP-20 Assured, Pointlink Stabilized Platforms, and Network & Service Management. The company was founded on July 23, 1996 and is headquartered in Tel Aviv, Israel.

Aviat Networks

Corrects Ceragon's mischaracterizations of Aviat's acquisition proposal, financing commitments, and director nominations Reiterates commitment to completing transaction and provides roadmap to the path forward AUSTIN, Texas , July 21, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today sent a letter to shareholders of Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon" or "the Company"), in response to the numerous false and misleading claims Ceragon's Board and management team recently made regarding Aviat's premium acquisition proposal and the upcoming Extraordinary Meeting of Shareholders ("the Meeting" or "EGM").

Aviat Networks Clears the Air Regarding Ceragon Networks Shareholder Communication

ROSH HA'AIN, Israel , July 21, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that it will release its earnings results for the second quarter ended June 30, 2022 on Monday, August 1, 2022 before the market opens.

CERAGON NETWORKS ANNOUNCES DATE FOR SECOND QUARTER 2022 FINANCIAL RESULTS

Ceragon's Strategy Has Driven Increased Bookings and Market Share Gains – and is Expected to Create Significant Revenue Growth, Margin Expansion and Shareholder Value Aviat's Demand to Appoint Five Hand-Picked Directors to Ceragon's Board Violates Ceragon's Articles Ceragon Files a Proxy Statement in Connection with an Extraordinary General Meeting;  Urges Shareholders to Vote Against the Removal of Ceragon's Directors on the  WHITE Proxy Card Ceragon's Largest Shareholder, Joseph D. Samberg, Founder & CEO of JDS Capital, Affirms His Support for the Company, Management and Board; His View that Aviat's Acquisition Proposal Is Well Below Ceragon's Fair Value; and His Intention to Vote For Ceragon's Board and Against Aviat's Request to Remove Any of our Existing Directors Ceragon to Host Investor Conference at 9:00 AM Eastern Time Today ROSH HA'AIN, Israel , July 18, 2022 /PRNewswire/ -- Ceragon Networks Ltd.

Ceragon Comments on Aviat's Self-Serving Attempt to Take Control of Ceragon's Board and Rejects Aviat's Opportunistic Indication of Interest that Significantly Undervalues Ceragon

Entrenchment and conflicts of interest plague current Ceragon Board Voting expected to begin soon, giving Ceragon shareholders the chance to elect new, highly qualified independent directors to ensure Ceragon pursues opportunities to create value AUSTIN, Texas , July 18, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today sent another letter to shareholders of Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon" or "the Company"), in connection with the upcoming extraordinary meeting of shareholders.

Aviat Networks Urges Ceragon Networks Shareholders to Push for Board Change

NEW YORK--(BUSINESS WIRE)--Joseph D. Samberg, who manages funds for his own account through his affiliates and is the largest shareholder of Ceragon Networks, Inc. (“Ceragon” or the “Company”) (NASDAQ: CRNT), owning almost 10% of the outstanding common stock of the Company, today sent a letter to Ceragon's Board of Directors. In the letter, which is reprinted below, Mr. Samberg expressed his support for Ceragon and its management and his view that the acquisition price offered by Aviat Networks

Largest Ceragon Networks Shareholder Sends Letter to Board of Directors

Encourages them to urge Ceragon Board to consider Aviat's premium acquisition proposal Emphasizes destruction of value under current Ceragon leadership AUSTIN, Texas , July 12, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today issued an open letter to shareholders of Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon" or "the Company"), encouraging them to urge the Ceragon Board of Directors (the "Board") to seriously consider Aviat's acquisition proposal, which continues to provide Ceragon shareholders with the opportunity to receive an immediate and certain cash premium.

Aviat Networks Issues Open Letter to Ceragon Networks Shareholders

AUSTIN, Texas , July 6, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today issued the following open letter to the Board of Directors (the "Board") of Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon" or the "Company"), urging the Company to schedule an extraordinary meeting of shareholders, which Aviat called for on June 27 th (U.S.) / June 28 th (Israel), 2022.

Aviat Networks Calls Out Ceragon Networks' Failure to Respond to Acquisition Proposal and Request for Extraordinary Meeting of Shareholders

Ceragon Networks Ltd (NASDAQ: CRNT) shares jumped 15% after Aviat Networks Inc (NASDAQ: AVNW) announced the submission of a non-binding agreement to purchase all Ceragon's outstanding shares currently not held in a cash transaction at $2.8 per share. As a result, as of June 24, 2022, Aviat held around 5% of Ceragon's shares outstanding, making […] The post Here is why Ceragon shares are up 15% appeared first on Invezz.

Here is why Ceragon shares are up 15%

Shareholders are Not Required to Take any Action at this Time RICHARDSON, Texas , June 28, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon" or the "Company"), the global innovator and leading solutions provider of 5G wireless transport, confirms receipt of two letters from its competitor, Aviat Networks, Inc. ("Aviat").

Ceragon Confirms Receipt of Letters From Aviat Networks

Ceragon Networks (CRNT) stock is rising higher on Tuesday following news of an acquisition deal with Aviat Networks (AVNW). The post Ceragon Networks (CRNT) Stock Gains 20% on Aviat Acquisition appeared first on InvestorPlace.

Ceragon Networks (CRNT) Stock Gains 20% on Aviat Acquisition

Ceragon Networks Ltd. CRNT, -5.43% shares surged in the extended session Monday after Aviat Networks Inc. AVNW, -2.08% offered to acquire the wireless telecom equipment company and shake up its board.

Ceragon stock surges on acquisition offer from Aviat

Calls for boardroom changes to address destruction of value at Ceragon and refusal to consider Aviat's premium acquisition proposal Urges Ceragon shareholders to vote for directors who will protect shareholder interests and consider value creation opportunities AUSTIN, Texas , June 27, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today announced that it has requested an extraordinary general meeting of Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon") shareholders for the purposes of increasing the size of the Ceragon Board of Directors to nine, removing three current directors, and electing five highly qualified and independent new directors to better represent the interests of all Ceragon shareholders.

Ceragon Networks Shareholder Aviat Networks Calls for Extraordinary General Meeting of Ceragon Shareholders and Nominates Five Highly Qualified, Independent Candidates for Election to the Ceragon Board of Directors

Proposal represents 51% premium to 60-day volume weighted average trading price of Ceragon stock Would deliver immediate, significant value substantially in excess of the value Ceragon can generate as a stand-alone entity As 5% shareholder Aviat calls for extraordinary general meeting of Ceragon shareholders to elect new directors to evaluate proposal Schedules conference call for 7:00 p.m. ET on June 27, 2022 to discuss its compelling proposal AUSTIN, Texas , June 27, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today announced it has submitted a nonbinding proposal to acquire all the outstanding shares of Ceragon Networks Ltd.

Aviat Networks Proposes to Acquire Ceragon Networks for $2.80 Per Share in Cash

Ceragon Networks Ltd. (NASDAQ:CRNT ) Q1 2022 Earnings Conference Call May 2, 2022 9:00 AM ET Company Participants Maya Lustig - Investor Relations Doron Arazi - Chief Executive Officer Ran Vered - Chief Financial Officer Conference Call Participants Alex Henderson - Needham & Company George Iwanyc - Oppenheimer & Co., Inc. Operator Ladies and gentlemen, thank you for standing by and welcome to the Ceragon Networks' Q1 2022 Earnings Call.

Ceragon Networks Ltd. (CRNT) CEO Doron Arazi on Q1 2022 Results - Earnings Call Transcript

Ceragon (CRNT) delivered earnings and revenue surprises of 33.33% and 3.79%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Ceragon Networks (CRNT) Reports Q1 Loss, Lags Revenue Estimates

RICHARDSON, Texas, May 2, 2022 /PRNewswire/ -- Q1 2022 Financial Highlights: Revenues of $70.3 million Operating loss of $(1.3) million on a GAAP basis, or $(0.6) million on a non-GAAP basis EPS of $(0.03) per diluted share on a GAAP basis, or $(0.02) per diluted share on a non-GAAP basis Q1 2022 Business Highlights: Strong bookings in North America, India, Europe and LATAM Book to bill for the trailing 12 months is above 1 North America:   -   Current outlook suggests another record year   -   Acquired new 5G customers including DISH and private networks Europe:   -   Record quarter surpassing the last two years in terms of bookings   -   Leading Tier 1 operator tested Ceragon's RAON software with a third-party DCSG; results show RAON works well with other open network elements    -   Successful POC with a Tier1 global operator as part of their TIP activity    -   Acquired a Tier 2 customer; supporting their nationwide 5G projects India:    -   Continued strong demand for site upgrades and network expansions to prepare for 5G    -   Leading Tier 1 operator placed orders for our all-outdoor 5G-ready multicore solution, with delivery scheduled for Q2 and Q3 2022   LATAM:    -   Very strong start to the year with strong bookings    -   Received POs for IP50 FX from leading Tier 1 operators in Paraguay and Argentina Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, today reported its financial results for the first quarter ended March 31, 2022.

CERAGON NETWORKS REPORTS FIRST QUARTER 2022 FINANCIAL RESULTS

DISH Network

Ceragon to provide microwave and millimeter wave transport solutions for rapid deployment of DISH's nationwide 5G Smart Network™ RICHARDSON, Texas , May 2, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), a global innovator and leading solutions provider of 5G wireless transport, today announced an agreement with DISH Wireless (NASDAQ: DISH) to provide ultra-high capacity IP-50C microwave and IP-50E millimeter wave transport solutions.

DISH Wireless Selects Ceragon for 5G Transport

Vodafone Group

VOD vs. CRNT: Which Stock Is the Better Value Option?

RICHARDSON, Texas, April 20, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that it will release its earnings results for the first quarter ended March 31, 2022 on Monday, May 2, 2022 before the market opens.

CERAGON NETWORKS ANNOUNCES DATE FOR FIRST QUARTER 2022 FINANCIAL RESULTS

RICHARDSON, Texas, March 31, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that after three years in his role, Ran Vered, the Company's Chief Financial Officer, has decided to pursue other business interests outside the telecom industry and therefore will leave his role at Ceragon during the month of May 2022.

Ceragon Networks Announces CFO Departure

RICHARDSON, Texas, Feb. 24, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, announced today that a Tier 1 Operator in India has selected its solutions for a nationwide network evolution project to prepare for 5G.

Tier 1 Operator in India Places Initial $15 Million Orders for Nationwide 4G Expansion with Ceragon

LITTLE FALLS, N.J., Feb. 16, 2022 /PRNewswire/ -- Ceragon Networks Ltd.

Ceragon Awarded Multi-Million Dollar Contract to Deliver Connectivity as a Service to Offshore Field for a Major Global Energy Player

Ceragon Networks Ltd.'s (CRNT) CEO Doron Arazi on Q4 2021 Results - Earnings Call Transcript

Ceragon (CRNT) delivered earnings and revenue surprises of 0% and 0.65%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Ceragon Networks (CRNT) Reports Q4 Loss, Tops Revenue Estimates

LITTLE FALLS, N.J., Feb. 7, 2022 /PRNewswire/ -- Q 4   2021 Financial Highlights: Revenues of $77.8 million Operating income of $1.0 million on a GAAP basis, or $1.5 million on a non-GAAP basis EPS of $(0.15) per diluted share on a GAAP basis, or $(0.02) per diluted share on a non-GAAP basis Full Year 2021 Financial Highlights: Revenues of $2 90.

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