Welcome to our dedicated page for Ceragon Networks news (Ticker: CRNT), a resource for investors and traders seeking the latest updates and insights on Ceragon Networks stock.
Ceragon Networks Ltd (CRNT) provides cutting-edge wireless backhaul solutions powering global 5G networks and private communications infrastructure. This news hub offers investors and industry professionals a centralized source for tracking the company's strategic developments.
Discover official press releases covering network deployments, financial results, and technological breakthroughs. Our curated collection includes updates on wireless transport innovations, global market expansions, and SaaS solution launches critical for modernizing telecommunications infrastructure.
Key content categories include earnings announcements, partnership agreements, product enhancements, and industry recognition. Stay informed about CRNT's role in enabling high-capacity connectivity for mobile operators, energy providers, and government networks worldwide.
Bookmark this page for streamlined access to verified updates about Ceragon's multicore technology advancements and operational milestones. Check regularly for insights into how CRNT addresses evolving demands for efficient spectrum use and rapid network modernization.
Ceragon Networks reported strong financial results for the first quarter of 2024, with revenues of $88.5 million, up 6.1% year-over-year. The company highlighted continued strong demand in North America and India, with a focus on 5G wireless transport solutions. Ceragon's CEO expressed confidence in the full-year outlook, expecting revenue growth of 11% to 17% compared to 2023. The company aims for non-GAAP operating margins of at least 10% and anticipates increased profitability and positive free cash flow for 2024.
Ceragon Networks (NASDAQ: CRNT) reported nearly $10 million in quarterly bookings for the energy sector, marking its highest-ever quarterly booking. The company finalized deals in Q1 2024, including network upgrades for the Oil and Gas sector, Natural Gas Pipeline connectivity, and offshore vessel connectivity. These strategic deals showcase Ceragon's role in driving digital transformation through innovative wireless solutions.
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