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Ceragon Networks Ltd.
Type
Public
Traded as (NASDAQ: CRNT)
Industry Communications
Founded 1996; 21 years ago (1996)
Headquarters Tel Aviv,
  • Israel
Key people
CEO: Ira Palti
Products Wireless backhaul
Revenue Increase US$ 446.7 million (2012)
Operating income
Increase US$ 4.8 million (2012)
Net income
Increase US$ 0.06 million (2012)
Number of employees
1100
Website www.ceragon.com

Ceragon Networks Ltd. provides high-capacity microwave Ethernet and TDM wireless backhaul to wireless service providers as well as private businesses.

Ceragon's offers Short-Haul and Long-Haul high capacity, point-to-point microwave systems in licensed spectrum (6–42 GHz) as well as sub-6 GHz and V-band (70–80 GHz) spectrum range.

Established in 1996 under the name “Giganet”, Ceragon Networks was first listed on the NASDAQ on September 6, 2000 (symbol: CRNT).

Ceragon designs and manufactures high-capacity communication systems for wireless backhaul – addressing the segment of the cellular market that connects a typical cell tower or towers to an operator’s core network. Ceragon provides wireless devices based on microwave with speeds ranging from 5 Mbit/s up to 2 Gbit/s per radio channel.

Ceragon markets its products under the FibeAir family brand (Short-Haul) and the Evolution family brand (Long-Haul). Ceragon has a customer base of over 230 service providers of all sizes, and hundreds of private networks in more than 130 countries across the globe.

Ceragon has numerous sales offices located throughout North and South America, EMEA and Asia, handling direct sales. Partnerships with leading distributors, VARs and system integrators around the world provide an active indirect channel. Its US headquarters was opened in 1999 and its European headquarters in 2000.

News

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q4 2020 2021-02-08 Future report Set alerts
Q3 2020 2020-11-02 Future report Set alerts
Q2 2020 2020-08-03 -0.06 -0.07
Q1 2020 2020-05-04 -0.08 -0.09
Q4 2019 2020-02-10 -0.06 -0.05
Q3 2019 2019-11-04 0.01 0.00
Q2 2019 2019-08-12 0.03 0.01
Q1 2019 2019-05-06 0.03 0.01
Q4 2018 2019-02-20 0.06 0.14
Q3 2018 2018-11-05 0.07 0.08

Ratings

2016-05-13 Reiterated Rating Jefferies Group Hold
2015-08-14 Reiterated Rating Jefferies Group Hold $1.30 to $1.50
2015-08-14 Reiterated Rating Needham & Company LLC Buy $4.00 to $2.50
2015-03-02 Reiterated Rating Jefferies Group Hold $1.15 to $1.20
2014-12-18 Initiated Coverage Jefferies Group Hold $1.15
2014-10-30 Downgrade Needham & Company LLC Strong-Buy to Buy $8.00 to $4.00
2014-05-09 Lower Price Target Jefferies Group $3.40 to $2.70
2014-05-09 Reiterated Rating Canaccord Genuity Hold $3.00 to $2.50
2014-04-03 Lower Price Target Jefferies Group $3.50 to $3.40
2014-02-14 Lower Price Target Canaccord Genuity $3.25 to $3.00
2013-12-09 Initiated Needham Strong Buy $8
2013-12-09 Initiated Coverage Needham & Company LLC Strong-Buy $8.00
2013-11-12 Lower Price Target Canaccord Genuity Hold $3.40 to $3.25
2012-10-26 Downgrade Avian Positive to Neutral
2011-06-16 Upgrade Brigantine Hold to Buy $14
2011-03-31 Upgrade Barclays Capital Equal Weight to Overweight $16 to $16
2011-01-31 Upgrade DA Davidson Neutral to Buy $16
2011-01-20 Reiterated Oppenheimer Outperform $14 to $16
2011-01-20 Downgrade Brigantine Buy to Hold
2010-10-26 Reiterated Morgan Joseph Buy $11 to $13
2010-10-26 Reiterated Barclays Capital Equal Weight $11 to $12
2010-06-14 Upgrade Morgan Joseph Hold to Buy $11
2010-06-14 Upgrade Merriman Neutral to Buy
2010-04-22 Upgrade Oscar Gruss Hold to Buy $13
2010-04-12 Upgrade DA Davidson Underperform to Neutral
2010-02-02 Downgrade Oscar Gruss Buy to Hold $12 to $13
2010-02-01 Reiterated Wedbush Morgan Neutral $11.25 to $13
2010-02-01 Initiated Merriman Neutral
2016-05-13 Reiterated Rating Jefferies Group Hold
2015-08-14 Reiterated Rating Jefferies Group Hold $1.30 to $1.50
2015-08-14 Reiterated Rating Needham & Company LLC Buy $4.00 to $2.50
2015-03-02 Reiterated Rating Jefferies Group Hold $1.15 to $1.20
2014-12-18 Initiated Coverage Jefferies Group Hold $1.15

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks

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