Ceragon Networks Ltd reports results for the quarter ended in December - Earnings Summary

Ceragon Networks

07/02/2022 14:36

* Ceragon Networks Ltd  CRNT.OQ  reported a quarterly
adjusted
loss of 15 cents​​ per share for the quarter ended in December.
The mean expectation of three analysts for the quarter was
for earnings of one cent per share.
    * Revenue rose 5.1% to $77.76 million from a year ago; 
analysts
expected $77.18 million. 
    * Ceragon Networks Ltd's reported EPS for the quarter was a
loss
of 15 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Ceragon Networks Ltd shares had fallen by 12.4% this
quarter.
    * The company reported a quarterly loss of $12.21 million.
    * Wall Street's median 12-month price target for Ceragon
Networks
Ltd is $6.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated February 7 at 02:35 p.m.
 ​All figures in US dollars unless otherwise stated