Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last 560.00
Change Today +4.20 / 0.76%
Volume 7.6K
As of 2:45 AM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

ceragon networks ltd (CRNT) Snapshot

Open
$560.00
Previous Close
$555.80
Day High
$560.00
Day Low
$560.00
52 Week High
09/14/14 - $943.30
52 Week Low
02/2/15 - $350.00
Market Cap
428.7M
Average Volume 10 Days
115.2K
EPS TTM
--
Shares Outstanding
76.6M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CERAGON NETWORKS LTD (CRNT)

ceragon networks ltd (CRNT) Related Businessweek News

No Related Businessweek News Found

ceragon networks ltd (CRNT) Details

Ceragon Networks Ltd. provides wireless backhaul solutions that enable cellular operators and other wireless service providers to deliver voice and data services worldwide. Its wireless backhaul solutions use microwave technology to transfer telecommunication traffic between base stations, small sells, and the core of the service provider’s network. The company also provides wireless fronthaul solutions that use microwave technology for communication between LTE/LTE-advanced base band digital unit stations and remote radio units. In addition, it offers IP-20 Platform solutions for various short-haul and long-haul applications, including FibeAir IP-20G and IP-20GX; FibeAir IP-20N/IP-20A; FibeAir IP-20C; FibeAir IP-20S; FibeAir IP-20E; FibeAir IP-20C HP; FibeAir IP-20LH; and Evolution IP-20 LH, as well as products that address the backhaul needs of IP-based, hybrid, and circuit-switched networks, such as FibeAir IP-10C, FibeAir IP-70T, FibeAir 2500, FibeAir IP-10E, FibeAir IP-10Q, FibeAir IP-10G, and FibeAir 2000/4800. Further, the company provides products for high capacity IP, TDM, or hybrid long-haul and backbone applications comprising evolution long-haul, FibeAir 3200, evolution IP-10 compact long-haul, evolution long-haul, and pointlink. Additionally, it offers network management systems to monitor network element status; and IP/Ethernet solutions to wireless broadband service providers, and businesses and public institutions that operate their own private communications networks. The company also provides network and radio planning, site survey, solutions development, installation, maintenance, training, and more; and requisite services. It sells its products through direct sales, original equipment manufacturers, resellers, distributors, and system integrators. The company was formerly known as Giganet Ltd. and changed its name to Ceragon Networks Ltd. in September 2000. Ceragon Networks Ltd. was founded in 1996 and is headquartered in Tel Aviv, Israel.

1,016 Employees
Last Reported Date: 04/2/15
Founded in 1996

ceragon networks ltd (CRNT) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: $312.2K
Regional President of North America
Total Annual Compensation: $834.7K
Regional President of Latin America & Africa
Total Annual Compensation: $326.2K
Compensation as of Fiscal Year 2014.

ceragon networks ltd (CRNT) Key Developments

Ceragon Networks Ltd. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Ceragon Networks Ltd. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenue of $94,772,000 compared to $90,420,000 a year ago. Operating income was $5,918,000 compared to $11,784,000 a year ago. Income before taxes was $2,757,000 compared to $9,609,000 a year ago. Net income was $1,331,000 compared to $7,998,000 a year ago. Basic and diluted net income per share was $0.02 compared to $0.15 a year ago. Net cash provided by operating activities was $3,531,000 compared to $9,066,000 a year ago. Purchase of property and equipment was $1,431,000 compared to $3,328,000 a year ago. Non-GAAP Operating income was $6,740,000 compared to Non-GAAP Operating loss of $2,586,000 a year ago. Non-GAAP Income before taxes was $3,579,000 compared to Non-GAAP loss before taxes of $4,761,000 a year ago. Non-GAAP net income was $3,009,000 compared to Non-GAAP net loss of $5,021,000 a year ago. Non-GAAP basic and diluted earnings per share were $0.04 compared to Non-GAAP basic and diluted loss per share of $0.10 a year ago. For the six months, the company reported revenue of $188,425,000 compared to $160,935,000 a year ago. Operating income was $6,490,000 compared to operating loss of $5,338,000 a year ago. Loss before taxes was $3,017,000 compared to $15,677,000 a year ago. Net loss was $5,664,000 compared to $18,965,000 a year ago. Basic and diluted net loss per share was $0.07 compared to $0.36 a year ago. Net cash provided by operating activities was $1,639,000 compared to net cash used in operating activities of $25,768,000 a year ago. Purchase of property and equipment was $3,473,000 compared to $6,178,000 a year ago. Non-GAAP Operating income was $9,253,000 compared to Non-GAAP Operating loss of $13,421,000 a year ago. Non-GAAP Income before taxes was $2,719,000 compared to Non-GAAP loss before taxes of $17,450,000 a year ago. Non-GAAP net income was $1,662,000 compared to Non-GAAP net loss of $17,897,000 a year ago. Non-GAAP basic and diluted earnings per share were $0.02 compared to Non-GAAP basic and diluted loss per share of $0.34 a year ago.

Ceragon Networks Ltd. Accelerates 4G Service Launch for Mobile Operators Across Asia Pacific

Ceragon Networks Ltd. announced that three mobile operators in the Asia Pacific region, including one in India, are deploying its IP-20 platform as means to accelerate 4G services availability. The total value of the three projects is over $43 million. In order to provide the most extensive suite of 4G services to their subscribers, they require a wireless backhaul solution that will allow for simple and quick network upgrade, with no service interruption, and rapid network expansion for support of mobile, enterprise and residential subscribers, as well as school districts for bridging the digital divide. The IP-20 platform is uniquely designed to support business objectives such as accelerating transformation to digital services, increasing operational efficiency and enhancing customer experience. With the IP-20 platform, Ceragon's customers enjoy a simple upgrade of existing wireless backhaul links with new radio technologies, without replacing radios nor antennas on towers and rooftops, such as ultra-high 4G backhaul capacity using the modulations, capacity boosting and IP traffic management techniques, better spectrum utilization and management, and quality of service enforcement & management. The capability to perform a simple upgrade proves to be a major contribution to meeting the operators' business objectives. With network expansions required in all three operators' regions, Ceragon provides the IP-20 platform's unique wireless backhaul 4x4 MIMO technology for quadrupling capacity over a single narrowband channel over long distances, avoiding the need to opt for wideband short range spectrum. Moreover, in order to meet stringent network availability requirements, Ceragon offers an extensive suite of equipment redundancy capabilities, unique to the IP-20 platform, in order to ensure consistent and reliable network performance. The IP-20 platform provides all three operators with a unified, simple to deploy & operate solution that fits all network segments, from wireless backhaul for the Radio Access Network, all the way to the backbone.

Ceragon Networks Ltd. to Report Q2, 2015 Results on Aug 13, 2015

Ceragon Networks Ltd. announced that they will report Q2, 2015 results at 9:00 AM, Israel Standard Time on Aug 13, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CRNT:IT 560.00 +4.20

CRNT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for CRNT.
View Industry Companies
 

Industry Analysis

CRNT

Industry Average

Valuation CRNT Industry Range
Price/Earnings -- Not Meaningful
Price/Sales -- Not Meaningful
Price/Book -- Not Meaningful
Price/Cash Flow -- Not Meaningful
TEV/Sales -- Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CERAGON NETWORKS LTD, please visit www.ceragon.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.