Latest News by Industry
ROSH HA AYIN, Israel (AP) — ROSH HA AYIN, Israel (AP) — Ceragon Networks Ltd. (CRNT) on Wednesday reported profit of $12.2 million in its third quarter.
The Rosh Ha Ayin, Israel-based company said it had net income of 14 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were 16 cents per share.
The provider of wireless backhaul services posted revenue of $102.7 million in the period.
Ceragon expects full-year revenue in the range of $390 million to $400 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CRNT at https://www.zacks.com/ap/CRNT