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Ceragon Networks Announces Q1 2025 Financial Results

Ceragon Networks Ltd. (NASDAQ: CRNT), a premier provider of wireless connectivity solutions, recently published its first-quarter financial results for the year 2025. The report disclosed a revenue figure reaching $88.7 million, marking a 0.2% increase compared to the previous year’s quarter. Despite facing some challenges, Ceragon demonstrated resilience in its financial performance and strategic advances in its market approach.

Key Financial Highlights

For the quarter that concluded on March 31, 2025, several financial metrics stood out:

• - Operating income stood at a loss of $1.1 million based on GAAP measures, while a notable non-GAAP operating profit was reported at $4.5 million.
• - Net income also reflected a loss of $1.0 million on a GAAP basis, contrasting with a net income of $2.6 million provided by non-GAAP accounting methods.
• - Notably, the earnings per share (EPS) were ($0.01) for GAAP and $0.03 reframed under non-GAAP reporting, highlighting the variations in financial performance from different accounting perspectives.

Business Highlights

Ceragon's business showed promise in key markets, where new bookings reached a record since early 2024:

• - India contributed to nearly 48% of the bookings, showcasing robust demand in the region.
• - North America also experienced sequential improvements, with the highest bookings recorded since Q1 2024 alongside a fruitful integration of the recently acquired company, E2E Technologies.
• - The EMEA region saw positive rebounds, especially in Africa, bolstered by enhanced private network solutions.

CEO Doron Arazi expressed confidence in the company's direction, stating, “Ceragon's solutions are well attuned to our customers' evolving needs, validated during our presence at Mobile World Congress.” He emphasized that ongoing global trends are amplifying their addressable market, with greater emphasis on private network sales due to increased marketing efforts and the nurture of the E2E acquisition.

Financial Outlook

For the remainder of 2025, Ceragon maintains a optimistic forecast of revenues estimated between $390 million to $430 million, inclusive of contributions from the E2E acquisition. Management anticipates non-GAAP operating margins to maintain a steady rate of at least 10% at the lower end of the revenue guidance, focusing on achieving free cash flow growth over the previous year.

Cash Flow Insights

The firm reported cash and equivalents totaling $27.7 million by the end of the first quarter, a decrease from $35.3 million noted in the previous quarter as of December 31, 2024. Such fluctuations in financial health can inform future operational strategies and investments.

Conference Call Announcement

Ceragon will host a web conference today at 8:30 a.m. ET to further dissect its financial performance and engage in a Q&A session tailored for investors. Individuals interested in attending can register for the session via Ceragon’s official website, where the replay will also be accessible shortly thereafter.

Company Overview

Ceragon Networks is recognized globally for its innovative solutions that cater to end-to-end wireless connectivity demands. By focusing on advanced technologies in 5G and secured private networks, Ceragon’s portfolio serves a diverse clientele, ranging from service providers to public safety organizations and governmental bodies across over 130 countries.

With a constant push towards enhancing operational efficiencies and customer experience, Ceragon remains a formidable player in the wireless connectivity landscape. To explore more about their offerings, please visit www.ceragon.com.

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This report highlights how Ceragon’s financial performance and strategic acquisitions position them well for future growth, despite challenges, signifying an optimistic outlook for stakeholders.