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.
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