Ceragon Networks (CRNT) Tops Q1 EPS by 3c

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Go back to Ceragon Networks (CRNT) Tops Q1 EPS by 3c

Ceragon Networks Reports First Quarter 2015 Financial Results

May 6, 2015 8:00 AM EDT

PARAMUS, N.J., May 6, 2015 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the #1 wireless backhaul specialist today reported results for the first quarter ended March 31, 2015.

First Quarter 2015 Highlights:

Revenues -- $93.7 million, up 33% from the first quarter of 2014, and down 16% from the fourth quarter of 2014.  

Gross margin 25.9%, compared to 22.1% in the first quarter of 2014 and 20.5% in the fourth quarter of 2014.

Operating income $0.6 million, compared to an operating loss of $(17.1) million in the first quarter of 2014 and an operating loss of $(25.9) million in the fourth quarter of 2014.... More