Payload Logo
Business News

Ceragon: Q3 Earnings Snapshot

By AP News
Published

ROSH HA AYIN, Israel (AP) — ROSH HA AYIN, Israel (AP) — Ceragon Networks Ltd. (CRNT) on Monday reported profit of $3.4 million in its third quarter.

The Rosh Ha Ayin, Israel-based company said it had profit of 4 cents per share. Earnings, adjusted for one-time gains and costs, were 6 cents per share.

The provider of wireless backhaul services posted revenue of $87.3 million in the period.

Ceragon expects full-year revenue in the range of $338 million to $346 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CRNT at https://www.zacks.com/ap/CRNT

📬 Sign up for the Daily Brief

Our free, fast and fun briefing on the global economy, delivered every weekday morning.