Ceragon: 2Q Earnings Snapshot
Ceragon: 2Q Earnings Snapshot
TEL AVIV, Israel (AP) _ Ceragon Networks Ltd. (CRNT) on Monday reported second-quarter net income of $3.2 million.
The Tel Aviv, Israel-based company said it had net income of 4 cents per share. Earnings, adjusted for one-time gains and costs, were 5 cents per share.
The provider of wireless backhaul services posted revenue of $88.3 million in the period.
The company's shares closed at $4.03. A year ago, they were trading at $2.23.
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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