Ceragon Networks Ltd
NASDAQ:CRNT
Ceragon Networks Ltd
Ceragon Networks Ltd. engages in the provision of wireless backhaul solutions. The firm's products include FibeAir IP-20 Platform, FibeAir IP-20 Assured Platform and Network Management. The firm provides its services to wireless service providers, public safety organizations, government agencies and utility companies, among others. Its solutions are deployed by over 460 service providers, as well as a range of private network owners, in over 130 countries. The firm's FibeAir IP-20 platform offers flexibility in choosing all-outdoor, split-mount and all-indoor configurations to suit any deployment scenario. The FibeAir IP-20 platform includes product categories, such as shorthaul-access and shorthaul-aggregation. The FibeAir IP-20 Assured platform includes product categories, such as shorthaul-access, shorthaul-aggregation, small cells, longhaul and enterprise access. Its NetMaster is a Network Management System (NMS), which is designed for managing large-scale wireless backhaul networks.
Ceragon Networks Ltd. engages in the provision of wireless backhaul solutions. The firm's products include FibeAir IP-20 Platform, FibeAir IP-20 Assured Platform and Network Management. The firm provides its services to wireless service providers, public safety organizations, government agencies and utility companies, among others. Its solutions are deployed by over 460 service providers, as well as a range of private network owners, in over 130 countries. The firm's FibeAir IP-20 platform offers flexibility in choosing all-outdoor, split-mount and all-indoor configurations to suit any deployment scenario. The FibeAir IP-20 platform includes product categories, such as shorthaul-access and shorthaul-aggregation. The FibeAir IP-20 Assured platform includes product categories, such as shorthaul-access, shorthaul-aggregation, small cells, longhaul and enterprise access. Its NetMaster is a Network Management System (NMS), which is designed for managing large-scale wireless backhaul networks.
Revenue: Ceragon reported Q3 revenue of $85.5 million, which was above internal expectations, though down 16.7% year-on-year.
Profitability: Non-GAAP gross margin remained high at 35%, and the company achieved $3.3 million in free cash flow for the quarter.
Regional Strength: North America led growth with record quarterly revenue and bookings, driven by accelerated deployments from a Tier-1 customer.
India Recovery: Visibility in India improved with resumed order flow from a major carrier, boosting optimism for continued growth in the region.
2025 Guidance: Management reaffirmed full-year 2025 revenue guidance of $340 million and expressed growing confidence in this outlook.
2026 Outlook: Management is optimistic about returning to growth in 2026, citing opportunities across all regions and new use cases, but currently suggests planning for mid-single-digit growth.
AI & Network Demand: Growing AI usage and data-intensive applications are driving high-capacity and resilience requirements, benefiting Ceragon’s solutions.
E2E Acquisition: The integration of E2E is progressing well, meeting expectations and generating new business opportunities.
