CRNT

Ceragon Networks Ltd. remains a Buy due to robust backlog, growing demand in India and North America, and appealing valuation despite execution risks. CRNT's backlog hit record highs, with $120M in Indian orders and strong North American Tier-1 carrier progress, but margin pressures persist. Management lowered 2024 margin guidance, citing supply-chain and mix headwinds, yet maintained 2026 revenue outlook and expects earnings recovery by 2027.

Ceragon Networks Ltd. (CRNT) Q2 2026 Earnings Call Transcript

Ceragon Networks NASDAQ: CRNT reported second-quarter 2026 revenue of $93.9 million, up 14.2% from $82.3 million a year earlier, as demand in India and North America supported growth. The company said bookings reached their highest level since the first quarter of 2024, while first-half bookings and book-to-bill represented its strongest first half in 10 years.

Strong demand in India drives 14% year-over-year revenue growth ROSH HA'AIN, Israel, Aug. 11, 2026 /PRNewswire/ -- Ceragon (NASDAQ: CRNT), a leading solutions provider of end-to-end wireless connectivity, today reported its financial results for the second quarter period ended June 30, 2026. Q2 2026 Financial Highlights: Revenues of $93.9 million GAAP Operating income of $0.2 million, non-GAAP operating income of $4.0 million GAAP Net loss of $2.1 million, non-GAAP net income of $1.7 million GAAP EPS of ($0.02) per diluted share, non-GAAP EPS of $0.02 per diluted share Q2 2026 Business Highlights: India – Sequentially higher revenue and strong bookings (approximately $120 million in announced year-to-date bookings in July) have increased visibility for the remainder of 2026; notable interest in E-band solutions North America – Demand remained robust with record quarterly bookings in private networks CEO Doron Arazi commented: "Our second quarter reflects the benefits of the strategy we've been executing over the past several years.

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.

New agreement expands Ceragon's role in nationwide transport, rollout optimization, and managed services support ROSH HA'AIN, Israel, July 21, 2026 /PRNewswire/ -- Ceragon (NASDAQ: CRNT), a leading solutions provider of end-to-end wireless connectivity, today announced that a long-standing Tier-1 APAC customer has awarded Ceragon a new five-year agreement valued at approximately USD $70 million. Under the agreement, Ceragon will continue supplying transport solutions and services to support the operator's nationwide mobile network infrastructure, helping to expand and modernize its 4G and 5G transport network.