Ceragon Networks (CRNT) Misses Q1 EPS by 1c
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Ceragon Networks Reports First Quarter 2019 Financial Results
May 6, 2019 7:00 AM EDTLITTLE FALLS, New Jersey, May 6, 2019 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the #1 wireless backhaul specialist, today reported results for the first quarter ended March 31, 2019.
First Quarter 2019Â Highlights
Revenues -Â $69.2 million, down 16.9% from the first quarter of 2018, and down 19.3% from the fourth quarter of 2018.
Gross margin -Â 35.6%, compared to 33.1% in the first quarter of 2018 and 34.4% in the fourth quarter of 2018.
Operating income... More
