Ceragon Networks reports Q2 non-GAAP EPS 3c, consensus 3c

Reports Q2 revenue $82.3M, consensus $94.41M. CEO Doron Arazi commented, “The Q2 demonstrated the resilience and agility we have built into our business. We delivered solid profitability on a non-GAAP basis, generated cash, reduced debt, and advanced our strategic roadmap even as we navigated rapidly evolving dynamics in India. We are leveraging differentiated technology which delivers valuable capabilities that we believe outpaces our competitors, and these advantages are translating into new opportunities and expanded use cases that support incremental revenue and potential market share gains globally.”