Ceragon Networks Ltd reports results for the quarter ended June 30 - Earnings Summary
Ceragon Networks Ltd reports results for the quarter ended June 30 - Earnings Summary
Ceragon Networks Ltd CRNT.OQ reported quarterly adjusted earnings of 2 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 3 cents. The mean expectation of six analysts for the quarter was for earnings of one cent per share. Wall Street expected results to range from zero cents to 1 cents per share.
Revenue rose 14.2% to $93.91 million from a year ago; analysts expected $86.45 million.
Ceragon Networks Ltd's reported EPS for the quarter was a loss of 2 cents.
The company reported a quarterly loss of $2.09 million.
Ceragon Networks Ltd shares had fallen by 18.5% this quarter and gained 0.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 83.3% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the communications & networking peer group is also "buy"
Wall Street's median 12-month price target for Ceragon Networks Ltd is $3.75, about 43.7% above its last closing price of $2.11
This summary was machine generated from LSEG data August 11 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.01 | 0.02 | Beat |
Mar. 31 2026 | 0.01 | 0.01 | Met |
Dec. 31 2025 | 0.02 | 0.02 | Met |
Sep. 30 2025 | 0.03 | 0.02 | Missed |
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