Ceragon Networks (NASDAQ:CRNT) Issues Earnings Results

Ceragon Networks (NASDAQ:CRNT) announced its earnings results on Tuesday. The communications equipment provider reported $0.01 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.01, FiscalAI reports. Ceragon Networks had a negative net margin of 0.62% and a positive return on equity of 3.52%. The business had revenue of $85.00 million during the quarter, compared to analyst estimates of $80.36 million.

Here are the key takeaways from Ceragon Networks’ conference call:

• Ceragon said Q1 revenue was $85 million, with non-GAAP EPS of $0.01 and positive free cash flow of $2.8 million, describing the quarter as a solid start to 2026.
• India momentum remained very strong, including about $86 million in bookings announced for leading operators, and management said the region now gives them confidence that their roughly $100 million revenue floor for India in 2026 is secure or could be exceeded.
• The company reiterated full-year 2026 revenue guidance of $355 million to $385 million and said the North America revenue delayed by a component issue is a timing shift from Q2 into Q3, not a demand problem.
• Management warned that Q2 gross margins will likely face pressure because of an unusually high mix of lower-margin India revenue, along with broader cost headwinds such as rising memory, copper, freight, and foreign exchange pressures.
• Ceragon highlighted encouraging progress in North America and Europe, including a successful FR2 proof-of-concept with a major tier-1 carrier and stronger customer interest in Europe following Nokia’s wireless transmission divestiture, which management said should support orders later in 2026.

Ceragon Networks Price Performance

Shares of NASDAQ:CRNT traded up $0.09 during mid-day trading on Tuesday, reaching $2.60. 867,857 shares of the company traded hands, compared to its average volume of 484,769. The company’s 50 day moving average price is $2.38 and its 200-day moving average price is $2.27. The firm has a market cap of $235.86 million, a PE ratio of -129.75 and a beta of 1.32. Ceragon Networks has a 52 week low of $1.82 and a 52 week high of $2.84.

Hedge Funds Weigh In On Ceragon Networks

Several large investors have recently added to or reduced their stakes in the company. CSM Advisors LLC boosted its position in shares of Ceragon Networks by 10.5% in the fourth quarter. CSM Advisors LLC now owns 2,284,048 shares of the communications equipment provider’s stock worth $4,795,000 after purchasing an additional 216,273 shares during the period. Private Advisor Group LLC lifted its stake in shares of Ceragon Networks by 47.4% during the 4th quarter. Private Advisor Group LLC now owns 1,420,888 shares of the communications equipment provider’s stock valued at $2,984,000 after buying an additional 456,710 shares in the last quarter. Qube Research & Technologies Ltd boosted its holdings in Ceragon Networks by 100.4% in the 2nd quarter. Qube Research & Technologies Ltd now owns 580,093 shares of the communications equipment provider’s stock worth $1,427,000 after buying an additional 290,695 shares during the period. Squarepoint Ops LLC boosted its holdings in Ceragon Networks by 642.7% in the 2nd quarter. Squarepoint Ops LLC now owns 552,939 shares of the communications equipment provider’s stock worth $1,360,000 after buying an additional 478,489 shares during the period. Finally, Bank of America Corp DE increased its stake in Ceragon Networks by 31.7% in the 2nd quarter. Bank of America Corp DE now owns 372,961 shares of the communications equipment provider’s stock worth $917,000 after buying an additional 89,821 shares in the last quarter. Hedge funds and other institutional investors own 13.31% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on CRNT. Weiss Ratings lowered shares of Ceragon Networks from a “hold (c-)” rating to a “sell (d)” rating in a research report on Monday, April 20th. Zacks Research upgraded shares of Ceragon Networks from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 21st. Finally, Lake Street Capital initiated coverage on shares of Ceragon Networks in a report on Tuesday, March 31st. They set a “buy” rating and a $3.50 target price for the company. Three investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $3.50.

About Ceragon Networks

Ceragon Networks Ltd. is a global provider of wireless backhaul solutions, specializing in high-capacity, low-latency connectivity for mobile operators and private networks. The company designs and manufactures a portfolio of microwave and millimeter-wave equipment that serves as a fiber alternative for carrying voice, data and video traffic between cell sites and core networks. Ceragon’s solutions are engineered to support the rigorous performance requirements of modern 4G and 5G deployments, with an emphasis on scalability, reliability and efficient spectrum utilization.

The company’s product lineup includes point-to-point and multi-point radio platforms, as well as software-driven network management tools that enable operators to plan, deploy and monitor end-to-end transport networks.