Ceragon Networks Ltd., an Israeli company headquartered in Rosh HaAyin, was incorporated in 1996 and was formerly known as Giganet Ltd. before ...
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Est. EPS $0.04 · Revenue $94.40M · 3 analysts
Est. EPS $0.04 · Revenue $96.17M · 3 analysts
Est. EPS $0.10 · Revenue $369.49M · 3 analysts
Est. EPS $0.03 · Revenue $94.80M · 1 analysts
EPS $-0.02 · Revenue $93.91M
EPS $-0.01 · Revenue $85.00M
EPS $-0.02 · Revenue $338.73M
EPS $0.00 · Revenue $85.48M
EPS $-0.01 · Revenue $82.26M
EPS $-0.01 · Revenue $88.65M
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $338.7M | -14.1% | +10.5% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $-2.1M | -108.7% | -55.7% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +33.8% | -2.6% | -10.5% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +3.3% | -66.8% | -89.7% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | -0.6% | -110.1% | -40.9% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $14.1M | +45.2% | -37.4% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +4.2% | +68.9% | -43.3% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 28.7% | +16.3% | -14.5% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 1.87x | +8.7% | -2.5% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $317.0M | -8.1% | +2.1% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | -0.02 vs 0.10 | -124.5% | -0.02 vs 0.00 | -675.0% |
| Revenue Surprise | $338.7M vs $338.5M | +0.1% | $93.9M vs $86.4M | +8.6% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Jun 12, 2026 | Makov Efrat | director | Ordinary Shares | A | 5,000 | $1.99 |
| Jun 12, 2026 | Makov Efrat | director | Ordinary Shares | D | 5,000 | $2.99 |
| Jun 12, 2026 | Makov Efrat | director | Stock Option (Right to Buy) | D | 5,000 | $1.99 |
| Jun 11, 2026 | Arazi Doron Ovadia | officer: Chief Executive Officer | Ordinary Shares | A | 66,667 | — |
| Jun 11, 2026 | Arazi Doron Ovadia | officer: Chief Executive Officer | Stock Option (Right to Buy) | A | 133,333 | $2.98 |
Operator: Ladies and gentlemen, thank you for standing by, and welcome to Ceragon's Second Quarter 2026 Earnings Call. [Operator Instructions] I must advise you that this call is being recorded today. I'd now like to hand over the call to our first speaker today, Rob Fink, Head of Investor Relations. Rob, please go ahead. Rob Fink: Thank you, operator, and good morning, everyone. Hosting today's call are Doron Arazi, Ceragon's Chief Executive Officer; and Ronen Stein, Chief Financial Officer. Before we start, please note that today's discussion includes forward-looking statements within the meaning of the Securities Act of 1933 as amended, the Securities Exchange Act of 1934 and the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, among other things, financial -- projected financial performance, future initiatives, business outlook, development efforts and anticipated results, timelines and other matters. Forward-looking statements are based on expectations and assumptions and involve risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, among others, global and regional economic conditions, conditions in Israel and the region, fluctuations in exchange rates, customer concentration, ordering patterns, supply chain challenges and other matters further detailed in Ceragon's most recent annual report on Form 20-F and other documents that are filed with the Securities and Exchange Commission. Forward-looking statements are accurate only as of the date they are made, and Ceragon undertakes no obligation to update them. Ceragon's public filings are available on the Securities and Exchange Commission's website at sec.gov and on Ceragon's website at ceragon.com. Also, today's call will include certain non-GAAP measures. For a reconciliation between GAAP and non-GAAP results, please see the table attached to the press release that was issued earlier today, which is posted on the Investor Relations section of Ceragon's website. With that, I will now turn the call over to Doron. Doron, the call is yours. Doron Arazi: Thank you, Rob, and good morning, everyone. Ceragon delivered a strong second quarter as recently introduced technologies and solutions are creating a clear competitive advantage and driving demand in key markets with particularly strong execution in India. Revenue for the second quarter was $93.9 million, up 14% year-over-year, and non-GAAP EPS was $0.02. Booking in the second quarter reached their highest level since the first quarter of 2024. Bookings and the book-to-bill ratio in the first half of 2026 represent the highest in the last 10 years for any first half period. This demonstrates the strong competitive position Ceragon has established, especially in the faster-growing segments of our market. Additionally, the recent changes in the competitive landscape are opening more opportunities for us. We believe that 2 …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Ronen Stein | President of North America & EMEA | USD 546,154 | Male | 1977 | Active |
Doron Arazi | President & Chief Executive Officer | USD 440,909 | Male | 1964 | Active |
Ronen Ben-Hamou | Chief Revenue Officer | USD 383,039 | Male | 1971 | Active |
Michal Goldstein | Chief People Officer | USD 334,754 | Female | 1971 | Active |
Ulik Broida | Chief Product Officer | USD 291,147 | Male | 1967 | Active |
Oz Zimerman | Executive Vice President of Corporate Development & Chief Marketing Officer | — | Male | 1964 | Active |
Ori Shental | Chief Technology Officer | — | — | — | Active |
Dima Friedman | Executive Vice President & Chief Operating Officer | — | Male | 1969 | Active |
Hadar Vismunski-Weinberg | Chief Legal Officer & Corporate Secretary | — | Female | 1974 | Active |
Management to host investor conference call at 8:30 a.m. ET on the same day to discuss results ROSH HA'AIN, Israel, July 29, 2026 /PRNewswire/ -- Ceragon (NASDAQ: CRNT), a leading solutions provider of end-to-end wireless connectivity, announces that it will release its earnings results for the second quarter ended June 30, 2026 on Tuesday, August 11, 2026, before the market opens.
Approximately $120 million in bookings achieved in just over six months reflect continued momentum in a strategic growth market ROSH HA'AIN, Israel, July 28, 2026 /PRNewswire/ -- Ceragon (NASDAQ: CRNT), a leading solutions provider of end-to-end wireless connectivity, today announced that it has received and booked approximately $120 million in orders year-to-date from operators in India. These booked orders represent an increase from the approximately $86 million announced in May and reflect continued strong demand from two of the country's leading mobile operators.
Recent customer momentum spans public safety, utilities, and smart cities, reinforcing Ceragon's success and increased footprint in mission-critical wireless networking ROSH HA'AIN, Israel, July 23, 2026 /PRNewswire/ -- Ceragon (NASDAQ: CRNT), a leading solutions provider of end-to-end wireless connectivity, today highlighted continued momentum in its private networks business, showcasing a selection of recent customer projects booked in Q2, totaling more than $10 million across public safety, utilities, and smart cities. The projects reflect Ceragon's continued success in expanding its private wireless networks business.
After reaching a new 52-week high in early June, shares of wireless backhaul solutions provider Ceragon Networks have given back most of their year-to-date gains in recent weeks. While the company continues to see strong demand for its products, Q2 results will be materially impacted by a semiconductor supply chain issue. In addition, management pointed to margin pressures from component and raw material cost inflation as well as higher freight costs.
AU, BLND and CRNT have been added to the Zacks Rank #5 (Strong Sell) List on July 22, 2026.
