Ceragon Networks (CRNT) has released an update.
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Ceragon Networks reports a significant 11.5% increase in quarterly revenues, reaching $96.1 million, and a solid GAAP EPS of $0.09 per share for Q2 2024. The company has successfully penetrated private networks, contributing to its growth, and has reasserted its full-year 2024 revenue outlook of $385 million to $405 million, expecting increased non-GAAP profits and positive cash flow.
For further insights into CRNT stock, check out TipRanks’ Stock Analysis page.
