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 Ltd. (NASDAQ: CRNT) reported Q4 2021 revenues of $77.8 million, a 5.1% increase from Q4 2020, and full-year revenues of $290.8 million, a 10.6% rise from 2020. Despite an operating income of $1.0 million for Q4 on a GAAP basis, the net loss for the quarter was $12.2 million, or $(0.15) per diluted share. The company highlighted strong bookings, especially in North America and Europe, with 5G-related bookings comprising a significant portion. For 2022, Ceragon anticipates revenue of $305-$320 million, contingent on resolving supply chain issues.
Ceragon Networks (NASDAQ: CRNT) has announced the general availability of its IP-50FX Disaggregated Cell Site Gateway (DCSG) solution, integrating a cell site router with a radio indoor unit. Awarded the Requirements Compliant ribbon by the Telecom Infra Project, the IP-50FX aims to provide mobile operators with a flexible and cost-effective solution for 5G networking. Ceragon's CEO highlighted the growth potential in this new domain, emphasizing the solution's ability to enhance operational efficiency and respond to rising capacity demands.
Ceragon Networks Ltd. (NASDAQ: CRNT) announced a multimillion-dollar agreement with Globacom, Nigeria's second-largest telecom operator, to enhance network capacity and service delivery. The project, initiated in Q4 2021, will utilize Ceragon's IP-50 E-Band solution for metro backhauling, providing speeds up to 20Gbps. This partnership aims to bolster Globacom's capabilities for upcoming 5G services and address fiber cut issues, allowing for quicker deployment and reduced capital expenditure. Completion is set for mid-2022, enhancing connectivity in a competitive market.
Ceragon Networks Ltd. (NASDAQ-GS: CRNT) announced a multimillion-dollar deal with Globacom, Nigeria's second largest telecom operator, on January 31, 2022. The partnership aims to enhance Globacom's network capacity and service delivery, supporting its goal of establishing Africa's leading telecommunications infrastructure. The project includes deploying Ceragon's IP-50 E-Band solution to solve fiber cut challenges and aims for completion in the first half of 2022. This collaboration positions both companies favorably in the competitive market as they prepare for the rollout of 5G services in Nigeria.
Ceragon Networks Ltd. (NASDAQ: CRNT) announced it will release its fourth quarter and full year 2021 earnings results on February 7, 2022, before market opening. A web conference will take place at 9:00 AM ET the same day, accompanied by a Q&A session for investors. Ceragon, a leader in 5G wireless transport, provides solutions to enhance operational efficiency for over 400 service providers globally. The company emphasizes its commitment to delivering reliable 5G and 4G connectivity.
Ceragon Networks Ltd (NASDAQ: CRNT) and IP Infusion announced a strategic partnership on December 7, 2021, aimed at delivering innovative solutions for the $4 billion wireless transport and $2 billion cell-site routing markets. The collaboration introduces a new family of open disaggregated wireless transport solutions through Ceragon's IP-50FX platform, utilizing IP Infusion's customized OcNOS network operating system. This partnership is expected to enhance operational efficiency for operators and accelerate the introduction of advanced technologies in the 5G landscape.
Ceragon Networks Ltd. (NASDAQ: CRNT) announced that RAI WAY S.p.A., Italy's national TV and radio network provider, has selected Ceragon for a $2.1 million contract to deploy and maintain its wireless transport network. Ceragon will provide a full turnkey solution, including its IP-20 microwave platform and comprehensive services from design to maintenance. This partnership aims to enhance RAI WAY's offerings to local broadcasters and support the rollout of a new TV broadcasting standard (DVB-T2/HEVC). The selection highlights Ceragon's experience and flexibility in managing complex installations.
Ceragon Networks Ltd. (NASDAQ: CRNT) reported Q3 2021 revenues of $76.1 million, a 7.8% increase from Q3 2020, driven by strong sales in India. Operating income stood at $2.9 million (GAAP), with non-GAAP operating income at $4.0 million. Gross margin decreased to 30.9% from 33.4% in Q3 2020. The company reported a net income of $0.3 million or $0.00 per share (GAAP). 5G bookings represented over 50% of North American bookings. Despite challenges in component supply chains, guidance remains optimistic, projecting revenue between $275-$295 million for 2021.
Ceragon Networks Ltd. (NASDAQ: CRNT) will announce its earnings for Q3 2021 on November 1, 2021, before market opening. A zoom web conference is scheduled for 9:00 a.m. ET on the same day to discuss the financial results with the investment community. Investors can register for the event via a provided link. Ceragon is recognized as a leader in 5G wireless transport, providing innovative solutions to service providers and public organizations worldwide, enhancing operational efficiency and service quality.
Ceragon Networks Ltd. (NASDAQ: CRNT) has secured a multi-million-dollar contract to design and supply a microwave network in Indonesia, aimed at enhancing Internet access in rural areas. This project, part of the government's initiative to fulfill its Universal Service Obligation, includes providing solutions for schools, government offices, and hospitals. Ceragon will leverage its all-outdoor microwave solutions, optimizing costs and logistics. The company's CEO emphasized its commitment to equitable digital access and competitive advantages through innovative technologies.
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