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Ceragon Networks CRNT reported its Q2 earnings results on Monday, August 1, 2022 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Ceragon Networks missed estimated earnings by 50.0%, reporting an EPS of $-0.03 versus an estimate of $-0.02.
Revenue was up $2.05 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 4.28% increase in the share price the next day.
Here’s a look at Ceragon Networks’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.03 | 0.01 | -0.04 | |
| EPS Actual | -0.02 | -0.02 | 0.02 | -0.01 |
| Revenue Estimate | 71.24M | 77.18M | 73.30M | 65.13M |
| Revenue Actual | 70.32M | 77.76M | 76.11M | 68.62M |
To track all earnings releases for Ceragon Networks visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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Image and article originally from www.benzinga.com. Read the original article here.