Ceragon: 3Q Earnings Snapshot
TEL AVIV, Israel (AP) _ Ceragon Networks Ltd. (CRNT) on Monday reported third-quarter profit of $186,000.
On a per-share basis, the Tel Aviv, Israel-based company said it had net income of less than 1 cent. Earnings, adjusted for one-time gains and costs, were 1 cent per share.
The provider of wireless backhaul services posted revenue of $72.2 million in the period.
The company’s shares closed at $2.96. A year ago, they were trading at $3.46.