Ceragon Networks (NASDAQ: CRNT) reported Q1 results that exceeded revenue expectations, driven by strong demand in India.
Shares rose 1.59% in pre-market trading.
Revenue was $85 million, beating the $80.36 million consensus, though down 4.1% YoY. Adjusted EPS was $0.01, in line with estimates.
CEO Doron Arazi said: "Ceragon’s first quarter results reflected continued healthy demand across many of our key markets, highlighted by strong activity in India."
For FY2026, revenue guidance of $355 million to $385 million was reiterated, with the midpoint of $370 million above consensus.
The company also maintained adjusted gross margin improvement of 100 bps and adjusted operating margin of 6.5% to 7.5% at revenue guidance midpoint.
