Ceragon: Q1 Earnings Snapshot

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ROSH HA AYIN, Israel (AP) — ROSH HA AYIN, Israel (AP) — Ceragon Networks Ltd. (CRNT) on Wednesday reported a loss of $980,000 in its first quarter.

On a per-share basis, the Rosh Ha Ayin, Israel-based company said it had a loss of 1 cent. Earnings, adjusted for one-time gains and costs, came to 3 cents per share.

The provider of wireless backhaul services posted revenue of $88.7 million in the period.

Ceragon expects full-year revenue in the range of $390 million to $430 million.

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