Ceragon Networks Ltd. (CRNT) reported Q1 2026 revenue of $85 million, beating the forecast of $80.36 million by 5.77%. Earnings per share (EPS) matched expectations at $0.01.
Despite the revenue beat, the stock saw a modest premarket increase of 0.79% to $2.55. CEO Doron Arazi commented: "Our strong revenue performance demonstrates the effectiveness of our strategic initiatives. We see accelerated bookings in India."
The company reaffirmed full-year 2026 revenue guidance of $355-$385 million. North American revenue is expected to rebound in H2 as supply chain issues resolve.
