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. provides end-to-end wireless connectivity solutions for public and private network operators worldwide. News about CRNT commonly covers financial results and guidance, order activity in India and North America, and demand for microwave, millimeter wave and IP-50EXA wireless transport platforms used in 4G, 5G and fixed wireless access deployments.
Company updates also address private network contracts for utilities, mining, defense and public sector customers, as well as network design, integration, deployment, support, managed and professional services. Product and industry-event announcements describe Ceragon's transport and access portfolio, private 5G/LTE capabilities, AI-powered services and mission-critical connectivity applications.
Ceragon Networks (NASDAQ: CRNT), a wireless connectivity solutions provider, has announced its participation in the upcoming 37th Annual Roth Conference. The event will take place from March 16-18, 2025 at the Laguna Cliffs Marriott Resort & Spa in Dana Point, California.
CEO Doron Arazi will represent the company and be available for one-on-one meetings with investors throughout the conference. Interested investors can schedule meetings through their Roth representative or by emailing crnt@fnkir.com.
Ceragon (NASDAQ: CRNT) announced the launch of three new wireless connectivity products at Mobile World Congress (MWC) 2025: IP-100E, IP-50GP, and EtherHaul 8020FX. The IP-100E, powered by Ceragon's proprietary system-on-a-chip, delivers 25 Gbps from one box and up to 40 Gbps in a 4+0 all-outdoor link.
The company also introduced the IP-50GP split-mount microwave solution for cost-optimized connectivity, and the EtherHaul 8020FX millimeter-wave backhaul solution. Additionally, a new IP-50EXA model was added to the IP-50EX mmW series, offering the best price-performance ratio in the industry.
At MWC, Ceragon will showcase its software offerings, including Network Digital Twin and Smart Activation Key, along with various use cases demonstrating private network connectivity solutions.
Ceragon Networks (NASDAQ: CRNT) reported strong Q4 2024 financial results with revenues of $106.9 million, up 18.3% year-over-year, marking the highest quarterly revenue since Q4 2014. The company achieved GAAP net income of $3.6 million ($0.04 per diluted share) compared to a loss of $1.2 million in Q4 2023.
For the full year 2024, Ceragon posted revenues of $394.2 million, up 13.5% from 2023, reaching the highest level since 2012. The company achieved record GAAP operating income of $38.7 million and net income of $24.1 million ($0.27 per diluted share).
Notable highlights include record quarterly revenues in India, improved bookings in North America, and strong performance in APAC. For 2025, management expects revenue between $390-430 million with Non-GAAP operating margins of at least 10% at the low end of this range.
Ceragon (NASDAQ: CRNT) has completed the acquisition of End 2 End Technologies, a U.S. systems integration and software development company specializing in Private Networks for Energy and Utilities markets. The acquisition enhances Ceragon's capabilities in the telecommunications connectivity market by adding system integration capabilities and a network management software platform.
End 2 End Technologies brings expertise in radio frequency communications, both broadband and narrowband, along with industrial applications support. The acquisition is expected to be accretive to Non-GAAP Earnings by the second half of 2025. Roth Capital Partners and Mintz, Levin, Cohn, Ferris, Glovsky and Popeo served as advisors to Ceragon, while Jahani and Associates advised End 2 End Technologies.
Ceragon (NASDAQ: CRNT) has completed the acquisition of End 2 End Technologies, a U.S. systems integration and software development company specializing in Private Networks for Energy and Utilities markets. The acquisition enhances Ceragon's capabilities in the telecommunications connectivity market by adding system integration capabilities and a network management software platform.
End 2 End Technologies brings expertise in radio frequency communications, both broadband and narrowband, along with industrial applications support. The acquisition is expected to be accretive to Non-GAAP Earnings by the second half of 2025. Roth Capital Partners acted as financial advisors, while Mintz, Levin, Cohn, Ferris, Glovsky and Popeo provided legal advisory services.
Ceragon Networks (NASDAQ: CRNT), a wireless connectivity solutions provider, has scheduled its Q4 and full year 2024 earnings release for February 11, 2025, before market open. The company will host a Zoom conference call at 8:30 a.m. ET on the same day, featuring a Q&A session for investors. A replay of the call will be available on Ceragon's website within 24 hours after the event.
Ceragon (NASDAQ: CRNT) has announced a definitive agreement to acquire End 2 End Technologies, a US systems integration and software development company, for approximately $8.5 million plus potential additional $4.3 million tied to 2025 financial goals. The acquisition will be financed through available cash, unused credit facilities, and the issuance of 215,000 ordinary shares.
The deal is expected to generate $15-19 million in incremental revenue for Ceragon in 2025 and become accretive to non-GAAP earnings by the second half of 2025. End 2 End Technologies, with approximately 50 employees, specializes in private networks for Energy and Utilities markets, offering system integration capabilities and proprietary network management software.
The acquisition aims to expand Ceragon's market share in private networks in North America and enhance its capabilities in telecommunications connectivity. The transaction is expected to close by the end of January 2025, subject to customary closing conditions.
Ceragon Networks (NASDAQ: CRNT), a provider of end-to-end wireless connectivity solutions, has announced its participation in the 27th Annual Needham Growth Conference in New York City. CEO Doron Arazi and CFO Ronen Stein will deliver a presentation on Wednesday, January 15 at 8:45am ET.
Investors can access the presentation through a webcast available on Ceragon's investor relations website. The management team will also be available for one-on-one meetings during the conference, which can be arranged through Needham representatives or by contacting FNK IR.
Ceragon (NASDAQ: CRNT) reported strong Q3 2024 financial results with revenues of $102.7 million, up 17.7% year-over-year. The company achieved GAAP operating income of $14.6 million and net income of $12.2 million, resulting in EPS of $0.14 per share. India contributed 49% of revenue, hitting all-time record quarterly revenues, while North America maintained strong performance with seven consecutive quarters above $20 million. The company reiterated its 2024 outlook, expecting revenue between $390-400 million and non-GAAP operating margins of at least 10% at the midpoint.
Ceragon Networks (NASDAQ: CRNT), a wireless connectivity solutions provider, has announced its participation in two upcoming investor conferences in November 2024. The company will attend the 18th Annual Needham Security, Networking, and Communications Conference virtually on November 14, and the 13th Annual ROTH Technology Conference at the Hard Rock Hotel in New York City on November 20. Both events will feature one-on-one meetings throughout the day. Conference materials will be available on Ceragon's Investor Relations website section.