Quarterly ResultMay 19, 2026, 08:02 AM
Ceragon Q1 Revenue $85.0M, GAAP Operating Income $2.1M
AI Summary
Ceragon Networks reported Q1 2026 financial results with revenue of $85.0 million, a 4.1% decrease year-over-year. The company achieved GAAP operating income of $2.1 million and a GAAP net loss of $1.3 million, or ($0.01) per diluted share. Non-GAAP net income was $0.7 million, or $0.01 per diluted share. The company noted positive momentum, particularly in India, robust North American revenue, and expanding private network business, while reiterating its full-year 2026 guidance.
Key Highlights
- Q1 2026 Revenue was $85.0 million, down 4.1% year-over-year.
- GAAP Operating income was $2.1 million, up from ($1.1) million in Q1 2025.
- Non-GAAP Net income was $0.7 million, with non-GAAP EPS of $0.01 per share.
- Cash and cash equivalents increased to $39.2 million from $38.4 million.
- Net cash provided by operating activities was $6.530 million.
- India and North America showed strong activity, with private network business expanding.
- Reaffirmed 2026 revenue guidance of $355 million to $385 million.
Price Impact
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