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Last 480.00
Change Today -2.10 / -0.44%
Volume 468.0
CRNT On Other Exchanges
Tel Aviv
As of 2:45 AM 05/27/15 All times are local (Market data is delayed by at least 15 minutes).

ceragon networks ltd (CRNT) Snapshot

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52 Week High
09/14/14 - $943.30
52 Week Low
02/2/15 - $350.00
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Current Stock Chart for CERAGON NETWORKS LTD (CRNT)

ceragon networks ltd (CRNT) Related Businessweek News

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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. Presents at Jefferies 2015 Global Technology, Media and Telecom Conference, May-13-2015 11:30 AM

Ceragon Networks Ltd. Presents at Jefferies 2015 Global Technology, Media and Telecom Conference, May-13-2015 11:30 AM. Venue: Mandarin Oriental Brickell, Miami, Florida, United States.

Ceragon Networks Ltd. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Second Quarter of 2015

Ceragon Networks Ltd. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenues of $93.653 million against $70.515 million a year ago. Operating income was $0.572 million compared to operating loss of $17.122 million a year ago. Loss before taxes was $5.774 million against $25.286 million a year ago. Net loss was $6.995 million or $0.09 per basic and diluted per share against $26.963 million or $0.51 per basic and diluted per share a year ago. Net cash used in operating activities was $1.892 million against $34.834 million a year ago. Purchase of property and equipment, net was $2.042 million against $2.850 million a year ago. Non GAAP net loss was $1.347 million compared to $12.876 million a year ago. Non GAAP operating income was $2,512,000 compared to operating loss of $10,835,000 a year ago. Non GAAP loss before taxes was $860,000 compared to $12,689,000 a year ago. Non GAAP basic and diluted net loss per share was $0.02 compared to $0.25 a year ago. For the second quarter of 2015, the company expects to generate positive cash flow and will continue to focus on improving profitability with a target of reaching a mid-single-digit non-GAAP operating margin by the end of this year. The company expects to continue making progress towards goal, which is to exit 2015 with a non-GAAP gross margin of 27% or more. The company expects non-GAAP operating expenses to be between $21 million to $22 million. The company expects revenues to be in the range of $90 to $100 million. The company expects gradual improvement in gross margin during the balance of the year.

Ceragon Networks Ltd. to Report Q1, 2015 Results on May 06, 2015

Ceragon Networks Ltd. announced that they will report Q1, 2015 results at 9:00 AM, Israel Standard Time on May 06, 2015


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