Networking gear maker Ceragon's Q2 revenue down 14.4%, misses analyst estimates

Ceragon Networks

06/08/2025 12:35

Overview

Ceragon Q2 2025 revenue falls 14.4% yr/yr, missing analyst expectations

GAAP operating income for Q2 2025 misses analyst estimates

Company achieves non-GAAP profitability and positive cash flow

Outlook

Ceragon expects H2 2025 revenue to remain consistent with H1 levels

Company anticipates non-GAAP profit and positive cash flow in H2 2025

Company notes stalled projects in India may rebound in 2026

Result Drivers

NORTH AMERICA GROWTH - Revenue and bookings in North America grew sequentially for the third consecutive qtr, surpassing $20 mln

STRATEGIC WIN - Secured preferred vendor status with a new tier-1 mobile network operator in North America, leveraging Siklus technology

ACQUISITION SYNERGY - Recent acquisitions delivered incremental opportunities and expanded capabilities across private network and CSP markets

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$82.26 mln
$91.20 mln (4 Analysts)
Q2 EPS
-$0.01
Q2 Net Income
-$1.27 mln
Q2 Operating Income
Miss
$2.22 mln
$5.17 mln (4 Analysts)
Q2 Pretax Profit
Miss
-$679,000
$4.10 mln (2 Analysts)
Q2 Basic EPS
-$0.01


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "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 $4.75, about 52.4% above its August 5 closing price of $2.26

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 7 three months ago

Press Release: ID:nPn613nNqa

(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.)