U.S. Markets open in 11 mins

Ceragon: 1Q Earnings Snapshot

TEL AVIV, Israel (AP) _ Ceragon Networks Ltd. (CRNT) on Monday reported first-quarter profit of $808,000.

On a per-share basis, the Tel Aviv, Israel-based company said it had profit of 1 cent. Earnings, adjusted for one-time gains and costs, came to 3 cents per share.

The provider of wireless backhaul services posted revenue of $69.2 million in the period.

The company's shares closed at $3.71. A year ago, they were trading at $2.69.


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