Non-GAAP Earnings and Operating Margins Maintained
Ceragon Networks delivered $0.03 in non-GAAP earnings per share and maintained healthy operating margins despite disruptions in India, demonstrating operational strength and resilience.
North America Revenue Growth
Revenue in North America reached $26.8 million, the strongest region in terms of revenue, driven by a multimillion-dollar project with a new major Tier 1 carrier.
Point-to-Multipoint Solution Success
Ceragon's point-to-multipoint solution is gaining traction, especially in smart city applications, with a potential multiyear project in Latin America expected to generate recurring annual revenue of $7-8 million for a minimum of 5 years.
Positive Free Cash Flow
The company generated $6.1 million in free cash flow, enabling debt reduction despite revenue headwinds.