Ceragon Provides Business Update
Rhea-AI Summary
Ceragon (NASDAQ: CRNT) expects Q4 2025 revenue of $81–$83 million, reflecting deferred deliveries from a single large North American customer into 2026. Management provided 2026 revenue guidance of $355–$385 million and said it does not expect cancellations related to the timing shift, which increased backlog exiting 2025. Management highlighted strong North American bookings, a near-doubling of North America backlog versus end-2024, traction in private networks, and growth opportunities in India.
Positive
- 2026 revenue guidance of $355–$385 million
- Q4 2025 revenue guidance specified at $81–$83 million
- North America backlog nearly doubled versus end-2024
- Company reports strong bookings in North America
Negative
- A single large North American customer deferred December 2025 deliveries
- Timing shift moved revenue recognition from Q4 2025 into 2026
- Results reported are preliminary and unaudited
News Market Reaction
On the day this news was published, CRNT declined 2.75%, reflecting a moderate negative market reaction. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $6M from the company's valuation, bringing the market cap to $196M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
CRNT was down 2.24% ahead of the update. Several peers were also weaker (LTRX -3.94%, INSG -4.23%, BKTI -0.55%, AUDC -0.11%), while SILC rose 0.40%, suggesting mixed but generally soft sentiment in communication equipment rather than a clean sector-wide move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 05 | Investor conference | Neutral | -0.5% | Announcement of participation in Needham Growth Conference and webcast details. |
| Nov 11 | Quarterly earnings | Neutral | +2.6% | Q3 2025 results with $85.5M revenue, non-GAAP profit and 2026 growth outlook. |
| Nov 10 | Contract win | Positive | -2.1% | $2.7M Colombian managed services deal leveraging Network Digital Twin platform. |
| Oct 30 | Earnings scheduling | Neutral | +9.0% | Scheduling of Q3 2025 earnings release and related investor webcast. |
| Oct 27 | Investor conferences | Neutral | -0.4% | Planned participation in three November 2025 investor conferences. |
Recent news flow has been dominated by neutral events (conferences, scheduling, modest contracts), with one positive contract win that saw a negative price reaction, hinting at occasional sell-the-news or profit-taking on upbeat headlines.
Over the last several months, Ceragon’s disclosures have centered on investor engagement and incremental business developments. In November 2025, Q3 results showed revenue of $85.5M with non-GAAP profitability and expectations for 2026 growth. A $2.7M Colombian managed services contract highlighted traction in private networks. Multiple conference participations in October–November 2025 and the upcoming Needham conference in January 2026 underscore a focus on investor outreach. Today’s business update extends that trajectory with specific Q4 and 2026 revenue outlooks.
Market Pulse Summary
This announcement provided preliminary Q4 revenue expectations of $81–$83M and a 2026 revenue outlook of $355–$385M, highlighting a delivery deferral from a large North American customer that increased backlog. It emphasized growth drivers in North America, India, and private networks, along with new product introductions. In context of earlier Q3 results and recent contract wins, investors may focus on order timing, customer concentration, and whether future filings confirm that these revenue targets are met.
Key Terms
5g technical
4g technical
forward-looking statements regulatory
safe-harbor provisions regulatory
AI-generated analysis. Not financial advice.
Management Expects Fourth Quarter Revenue of
Company Provides Outlook for 2026 of
ROSH HA'
Ceragon's CEO, Doron Arazi, commented: "During the fourth quarter, a large North American customer deferred scheduled deliveries that we now expect in 2026. We don't expect order cancellations related to this timing shift, and it increased our backlog exiting 2025. Bookings in the region remained strong during the quarter, and our backlog in
Arazi continued: "We are entering 2026 with a clear strategy to drive growth and improve the consistency of our business. For 2026, we are guiding to revenue of
"In executing on our strategy, we are focused on building a more resilient, diversified and scalable growth profile," concluded Arazi. "We believe the actions we have taken across product development, sales coverage, and geographic focus position us well for 2026."
Conference Call
The Company will host a Zoom web conference on Thursday, January 8, at 8:30 a.m. ET to further discuss the update. A question-and-answer session for the investment community will follow the prepared remarks.
Investors are invited to register by clicking here. All relevant information will be sent upon registration.
For investors unable to join the live call, a replay will be available on the Company's website at www.ceragon.com within 24 hours after the call.
About Ceragon
Ceragon (NASDAQ: CRNT) is a global innovator and leading solutions provider of end-to-end wireless connectivity, specializing in transport, access, and AI-powered managed & professional services. Through our commitment to excellence, we empower customers to elevate operational efficiency and enrich the quality of experience for their end users.
Our customers include service providers, utilities, public safety organizations, government agencies, energy companies, and more, who rely on our wireless expertise and cutting-edge solutions for 5G & 4G broadband wireless connectivity, mission-critical services, and an array of applications that harness our ultra-high reliability and speed. Ceragon solutions are deployed by more than 600 service providers, as well as more than 1,600 private network owners, in more than 130 countries.
Through our innovative, end-to-end solutions, covering hardware, software, and managed & professional services, we enable our customers to embrace the future of wireless technology with confidence, shaping the next generation of connectivity and service delivery. Ceragon delivers extremely reliable, fast to deploy, high-capacity wireless solutions for a wide range of communication network use cases, optimized to lower TCO through minimal use of spectrum, power, real estate, and labor resources - driving simple, quick, and cost-effective network modernization and positioning Ceragon as a leading solutions provider for the "connectivity everywhere" era.
For more information, please visit: www.ceragon.com
Ceragon Networks® and FibeAir® are registered trademarks of Ceragon Networks Ltd. in
Safe Harbor
This press release contains statements that constitute "forward-looking statements" within the meaning of the Securities Act of 1933, as amended and the Securities Exchange Act of 1934, as amended, and the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on the current beliefs, expectations and assumptions of Ceragon's management about Ceragon's business, financial condition, results of operations, micro and macro market trends and other issues addressed or reflected therein. Examples of forward-looking statements include, but are not limited to, statements regarding: projections of demand, revenues, net income, gross margin, capital expenditures and liquidity, competitive pressures, order timing, supply chain and shipping, components availability; growth prospects, product development, financial resources, cost savings and other financial and market matters. You may identify these and other forward-looking statements by the use of words such as "may", "plans", "anticipates", "believes", "estimates", "targets", "expects", "intends", "potential" or the negative of such terms, or other comparable terminology, although not all forward-looking statements contain these identifying words.
Although we believe that the projections reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be obtained or that any deviations there from will not be material. Such forward-looking statements involve known and unknown risks and uncertainties that may cause Ceragon's future results or performance to differ materially from those anticipated, expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to: Company's forward-looking forecasts, with respect to which there is no assurance that such forecasts will materialize; Company's ability to future plan, business, marketing and product strategies on the forecasted evolution of the market developments, such as market and territory trends, future use cases, business concepts, technologies, future demand, and necessary inventory levels; the effects of foreign political and economic risks as well as global economic trends, including recession, rising inflation, rising interest rates, commodity price increases and fluctuations, commodity shortages and exposure to economic slowdown; risks related to conditions in
We caution you not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Ceragon does not assume any obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release unless required by law.
While we believe that we have a reasonable basis for each forward-looking statement contained in this press release, we caution you that these statements are based on a combination of facts and factors currently known by us and our projections of the future, about which we cannot be certain. In addition, any forward-looking statements represent Ceragon's views only as of the date of this press release and should not be relied upon as representing its views as of any subsequent date. Ceragon does not assume any obligation to update any forward-looking statements unless required by law.
The results reported in this press-release are preliminary and unaudited results, and investors should be aware of possible discrepancies between these results and the audited results to be reported, due to various factors.
Ceragon's public filings are available on the Securities and Exchange Commission's website at www.sec.gov and may also be obtained from Ceragon's website at www.ceragon.com.
Ceragon Investor & Media Contact:
Rob Fink
FNK IR
Tel. 1+646-809-4048
crnt@fnkir.com
Logo: https://mma.prnewswire.com/media/1704355/Ceragon_Networks_Ltd_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/ceragon-provides-business-update-302656340.html
SOURCE Ceragon Networks Ltd.
FAQ
What Q4 2025 revenue did Ceragon (CRNT) announce on January 8, 2026?
What is Ceragon's 2026 revenue guidance for CRNT announced January 8, 2026?
Did Ceragon (CRNT) say the deferred North American deliveries were cancellations?
How did the December 2025 delivery deferral affect Ceragon's backlog at year-end 2025?
What growth areas did Ceragon highlight for 2026 in the January 8, 2026 update?
Will Ceragon (CRNT) host a call to discuss the January 8, 2026 business update?
