Brief: Ceragon Networks Completes Acquisition Of Siklu

Ceragon Networks

05/12/2023 12:37

Dec 5 (Reuters) - Ceragon Networks Ltd  CRNT.O :
    * CERAGON NETWORKS COMPLETES ACQUISITION OF SIKLU
    * CERAGON NETWORKS LTD: EXPECTS ACQUISITION WILL INCREASE
ITS 2024
REVENUE BY ABOUT $25-$29 MILLION
    * CERAGON NETWORKS LTD: ACQUISITION IS EXPECTED TO BE
ACCRETIVE TO
CONSOLIDATED GROSS MARGINS OF CERAGON
    * CERAGON NETWORKS LTD: ANTICIPATES TRANSACTION TO BE
ACCRETIVE TO
NON-GAAP EARNINGS BY SECOND HALF OF 2024

Source text for Eikon:  ID:nPn9X6KZXa 
Further company coverage:  CRNT.O 

 ((Reuters.Briefs@thomsonreuters.com;))