Ceragon Networks (CRNT) Reports In-Line Q2 EPS
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Ceragon Networks Reports Second Quarter 2017 Financial Results
August 7, 2017 7:00 AM EDTLITTLE FALLS, New Jersey, Aug. 7, 2017 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the #1 wireless backhaul specialist today reported results for the second quarter which ended June 30, 2017.
Second Quarter 2017 Highlights:
Revenues - $93.3 million, up 33.3% from the second quarter of 2016, and up 22.8% from the first quarter of 2017.
Gross margin 31.3%, compared to 34.7% in the second quarter of 2016 and 29.3% in the first quarter of 2017.
Operating income - $8.0 million, compared to $4.0 million in the second quarter of 2016, and $2.0 million in the first quarter of 2017.... More
