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Ceragon Networks Ltd. (CRNT)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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2.5200-0.0700 (-2.70%)
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  • L
    Laurie
    CRNT just won a 1.3 Billion dilllar contract!
    Camrail recently selected the Israeli firm Ceragon Networks Ltd for the supply and installation of transmission equipment by radio-relay, energy, and VHF radio on the Douala-Ngaoundéré artery.
    According to Camrail, the value of the contract awarded to the Israeli company (which is based in Tel Aviv and listed on Nasdaq) is worth XAF1.397 billion. The multinational company will provide network equipment (for point-to-point wireless connectivity specifically) mainly used by mobile operators and wireless service providers as well as private companies for wireless connection.

    When I post the link my post gets deleted so you will have to search the keywords for it. I dont know why this wont get pr'ed monday since it is out today.
  • A
    Al
    I would think that some of the technicians at the companies doing Proof of concept and in talks with crnt would check out the stock ... fingers crossed
  • J
    Joey Tortellini
    I didn't listen to the Needham conference with Ceragon today, but Binartech on SA posted a few positive comments about the presentation. I intend to listen tonight.
  • T
    Tradestoxx
    This was a key quote from CRNT’s CEO during the last call:
    “We are very busy with 5G network design wins and POCs processes, as well as with activities around the release of our new 5G products. We are participating in various stages of the 5G selection process for operators throughout the world, each with a potential to lead to very large multi-year sales.”
  • Y
    Yahoo Finance Insights
    Ceragon Networks is up 6.05% to 2.63
  • T
    Tradestoxx
    I think many folks were hoping that the 5G sales would start kicking in noticeably in Q3. That did not happen, but CRNT did manage to stay within the range of their guidance, which did represent a fairly ambitious recovery from Q2. Still, Ceragon does have a good story in terms of design wins. The potential is there for significant 5G awards, but the timing is unpredictable.
  • A
    Al
    Recommend everyone listen to the conference call ... very positive .. right into it .. there is a building excitement and purpose that has been lackluster in past conference calls... 5g IS starting ..

    https://edge.media-server.com/mmc/p/3t8aukq6
    Bullish
  • s
    sinbadger
    Qualcomm raising forecast for 5g phone sales, especially in Asia. Ceragon should see a pickup in 5g sales. Timing is the issue, q2 in 2021?.
    Bullish
  • T
    Tradestoxx
    It appears that Ceragon will be playing a prominent role in these wireless backhaul trials:

    https://www.telecompaper.com/news/tip-members-name-vendors-for-wireless-backhaul-trials--1359726
    TIP members name vendors for wireless backhaul trials
    www.telecompaper.com
  • J
    Joey Tortellini
    Good luck to us longs tomorrow morning. It would be nice if Ceragon can deliver above $75M and guide 3-5% sequential increase for Q4.
  • T
    Tradestoxx
    With VZ’s & T’s q3 results, look for them to pour significant cash into the 5G wars. TMUS will also need to keep up. Not sure what this will mean for CRNT, but it cannot be too bad for them.
  • p
    paul
    I wonder what the excuse will be for this quarter
  • J
    Joey Tortellini
    Ceragon shared this today showing fronthaul TAM at 2.4B in several years. Wish they showed this on their recent investor presentation along with the backhaul TAM slide.
  • T
    TennisG
    How about this William. EPS increase reported. Hmmmm how does that happen when the estimates the past month have not show this trend. Let's see EPS increases on increased income.... nope, not that factor. Outstanding shares retired? Let's look at the SEC filings the last 6 quarters. Get more debt on the books.... makes operating cash flow and levered cash flows quite pretty now on yahoo statistics..... ahhh does it make it a more riskier company than before? .... beta on yahoo hasn't changed.... oh wait a second.... beta on yahoo is totally unreliable.... google beta???... unreliable .... the real beta just went up sky high this year.... therefore, obviously the company is far riskier an investment .... well, we all have shares .... one way or another. Wishing all of us who love high risk even much more good luck!!
  • A
    Al
    Needham Virtual Security, Networking, and Communications Conference
    wsw.com
    Bullish
  • T
    TennisG
    Well that was a waste of time
  • P
    Per Juel
    Wireless backhaul technology leader Ceragon (NASDAQ:CRNT) has a market cap of just $186 million.
    Wireless backhaul technology leader Ceragon (NASDAQ:CRNT) has a market cap of just $186 million.
    investorplace.com
  • T
    Tradestoxx
    Tomorrow would be a good day for Ceragon to announce a major 5G order.
  • F
    Fitch
    FYI, Apple just announced a special event for October 13th. The 5G iPhone 12 is expected to be unveiled during that event.
  • F
    Fitch
    Would not surprise me if the main reason for the recent Ceragon press release is related to this:

    https://www.google.com/amp/s/seekingalpha.com/amp/news/3617484-t-plans-stand-alone-5g-launch-this-year-networks-march-forward
    An AT&T (NYSE:T) exec said this week that the company plans to launch its stand-alone 5G network later this year, following tests that are going on now.
    An AT&T (NYSE:T) exec said this week that the company plans to launch its stand-alone 5G network later this year, following tests that are going on now.
    www.google.com