Ceragon Q1 revenue beats estimates on India demand

Ceragon Networks

19/05/2026 12:10

Overview

Israel wireless connectivity firm's preliminary Q1 revenue fell 4% yr/yr but beat analyst expectations

Q1 operating income missed analyst expectations

Company reiterated 2026 revenue and margin outlook, citing strong demand in India and cost pressures

Outlook

Ceragon Networks reiterates 2026 revenue guidance of $355 mln to $385 mln

Company expects 2026 non-GAAP operating margin of 6.5% to 7.5%

Ceragon sees near-term margin pressure from macro cost increases and adverse currency trends

Result Drivers

INDIA DEMAND - Sequentially higher revenue and strong bookings in India drove performance, with notable interest in E-band solutions

NORTH AMERICA ACTIVITY - Revenue remained robust in North America, with progress on new Tier 1 CSP engagement and potential orders in Q3

PRIVATE NETWORK EXPANSION - Expanding business with multiple contracts across various customers and use cases in private networks

Company press release: ID:nPn2BLbGNa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$85.003 mln
$80.36 mln (6 Analysts)
Q1 EPS
-$0.01
Q1 Net Income
-$1.34 mln
Q1 Operating Income
Miss
$2.09 mln
$2.59 mln (5 Analysts)
Q1 Basic EPS
-$0.01
Q1 Pretax Profit
-$771,000


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)