Israeli firm Ceragon Networks beats Q3 sales expectations on growth in North America, India

Ceragon Networks

11/11/2025 12:09

Overview

Ceragon Q3 2025 revenue of $85.5 mln beats analyst expectations

Operating income for Q3 2025 misses analyst estimates

Company sees growth in North America and India, boosting Q4 visibility

Outlook

Ceragon expects full-year 2025 revenue to be approximately $340 mln

Company anticipates non-GAAP profit and positive cash flow in 2025

Ceragon sees market trends supporting year-over-year growth in 2026

Result Drivers

NORTH AMERICA GROWTH - Record quarterly revenue in North America and improved visibility into Q4

INDIA PURCHASING ACTIVITY - Renewed purchasing activity from a major carrier in India improved visibility

SMART CITY PROJECT - Initial stage of large Latin American smart city project expected to generate multi-year recurring revenue

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$85.48 mln
$83.48 mln (5 Analysts)
Q3 Adjusted EPS
$0.02
Q3 EPS
Q3 Net Income
$28,000
Q3 Operating Income
Miss
$3.75 mln
$4.20 mln (4 Analysts)
Q3 Pretax Profit
Miss
$777,000
$3.98 mln (4 Analysts)
Q3 Basic EPS


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the communications & networking peer group is "buy"

Wall Street's median 12-month price target for Ceragon Networks Ltd is $3.75, about 39.2% above its November 10 closing price of $2.28

Press Release: ID:nPn25TGj7a

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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.)