Ceragon Networks Reports Fourth Quarter and Full Year 2018 Financial Results
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Ceragon Networks (CRNT) Tops Q4 EPS by 1c, Revenues Beat
February 20, 2019 7:05 AM ESTCeragon Networks (NASDAQ: CRNT) reported Q4 EPS of $0.06, $0.01 better than the analyst estimate of $0.05. Revenue for the quarter came in at $85.74 million versus the consensus estimate of $84.01 million.
Revenues - $85.7 million, down 1.1% from the fourth quarter of 2017, and down 0.9% from the third quarter of 2018.Gross margin - 34.4%, compared to 33.6% in the fourth quarter of 2017 and 35.0% in the third quarter of 2018.Operating income - $6.5 million, compared to $7.5 million in the fourth quarter of 2017, and $7.9... More