Ceragon Reports 2025 Third Quarter Financial Results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 11 2025
0mins
Should l Buy CRNT?
Source: PRnewswire
Financial Performance: Ceragon reported Q3 2025 revenues of $85.5 million, with a GAAP operating income of $3.8 million and a non-GAAP net income of $1.7 million, reflecting a decline from the previous year but maintaining positive cash flow.
Market Momentum: The company experienced strong revenue growth in North America and renewed purchasing activity in India, alongside the initiation of a significant smart city project in Latin America, indicating improved market visibility.
Technological Advancements: Ceragon completed multiple E-band deployments with major operators, showcasing its capabilities in delivering high-capacity, resilient wireless connectivity solutions, which are increasingly in demand due to rising network utilization.
Future Outlook: Management anticipates full-year 2025 revenues of approximately $340 million, with expectations for continued growth into 2026, driven by trends in network capacity and resilience, particularly in the context of AI and 5G technologies.
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Analyst Views on CRNT
Wall Street analysts forecast CRNT stock price to rise
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 2.270
Low
3.00
Averages
3.25
High
3.75
Current: 2.270
Low
3.00
Averages
3.25
High
3.75
About CRNT
Ceragon Networks Ltd. offers wireless backhaul solutions. The Company's products include FibeAir IP-20 Platform, FibeAir IP-20 Assured Platform and Network Management. The Company provides its services to wireless service providers, public safety organizations, government agencies and utility companies, among others. Its solutions are deployed by over 460 service providers, as well as a range of private network owners, in over 130 countries. The Company's FibeAir IP-20 platform offers flexibility in choosing all-outdoor, split-mount and all-indoor configurations to suit any deployment scenario. The FibeAir IP-20 platform includes product categories, such as shorthaul-access and shorthaul-aggregation. The FibeAir IP-20 Assured platform includes product categories, such as shorthaul-access, shorthaul-aggregation, small cells, longhaul and enterprise access. Its NetMaster is a Network Management System (NMS), which is designed for managing large-scale wireless backhaul networks.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Ceragon Networks to Announce Q4 Earnings on February 17
- Earnings Announcement: Ceragon Networks is set to release its Q4 earnings on February 17 before market open, with an expected EPS of $0.02, reflecting a 77.8% year-over-year decline, and a revenue estimate of $82.38 million, down 22.9% year-over-year, indicating significant performance challenges for the company.
- Performance Track Record: Over the past two years, Ceragon has beaten EPS estimates 63% of the time and revenue estimates 75% of the time, although recent lack of upward revisions in both EPS and revenue forecasts suggests a cautious market outlook on its future performance.
- Downward Revisions: In the last three months, EPS estimates have seen three downward revisions, while revenue estimates have experienced five downward adjustments, reflecting analysts' pessimistic expectations for Ceragon's future performance, which may impact investor confidence.
- Market Engagement: At the 28th Annual Needham Growth Conference, Ceragon Networks discussed preliminary Q4 revenue impacts and outlook following a major customer delivery shift, striving to maintain market attention despite the challenges faced.
See More
Ceragon to Release Q4 and Full Year Earnings on February 17, 2026
- Earnings Release Schedule: Ceragon has announced that it will release its Q4 and full year earnings for 2025 on February 17, 2026, before the market opens, demonstrating the company's commitment to transparency and investor communication.
- Investor Conference Call: The company will host a Zoom webcast at 8:30 AM ET on the same day to discuss the earnings results in detail and conduct a Q&A session, aiming to enhance interaction and trust with investors.
- Broad Customer Base: Ceragon's solutions are deployed in over 130 countries, serving more than 600 service providers and 1,600 private network owners, showcasing its significant influence in the global wireless connectivity market.
- Technological Edge: Ceragon focuses on delivering highly reliable and fast-to-deploy wireless solutions that optimize total cost of ownership, driving network modernization and further solidifying its leadership position in the era of 'connectivity everywhere'.
See More
Ceragon to Release Q4 and Full Year Earnings on February 17, 2026
- Earnings Release Schedule: Ceragon plans to release its earnings results for Q4 and the full year 2025 on February 17, 2026, before the market opens, showcasing its performance in the wireless connectivity solutions sector.
- Investor Conference: The company will host a Zoom webcast at 8:30 AM ET on the same day to discuss the earnings results in detail and conduct a Q&A session, enhancing engagement with investors.
- Broad Customer Base: Ceragon's solutions are deployed by over 600 service providers and more than 1,600 private network owners across 130 countries, demonstrating its significant influence in the global wireless connectivity market.
- Technological Edge: Ceragon focuses on delivering highly reliable and fast-to-deploy wireless solutions aimed at driving network modernization by lowering total cost of ownership, further solidifying its leadership position in the era of 'connectivity everywhere'.
See More
Ceragon Projects 2026 Revenue Between $355 Million and $385 Million
- Fourth Quarter Revenue Expectation: Ceragon anticipates fourth quarter revenue between $81 million and $83 million, primarily due to a large North American customer deferring certain deliveries to 2026, which has not led to order cancellations but rather increased the backlog exiting 2025.
- 2026 Revenue Guidance: The company projects 2026 revenue between $355 million and $385 million, supported by expanding opportunities in North America and India, continued growth in private networks, and new product introductions, indicating strong market demand and growth potential.
- Backlog Growth: The backlog in North America nearly doubled compared to the end of 2024, demonstrating robust market demand despite delivery delays, which lays a solid foundation for future revenue growth.
- Strategic Development Direction: Ceragon's CEO stated that the company is executing a clear growth strategy aimed at improving business consistency and resilience, ensuring sustainable growth in 2026 through adjustments in product development, sales coverage, and geographic focus.
See More
Ceragon Projects 2026 Revenue of $355 to $385 Million Amid Delivery Deferrals
- Fourth Quarter Revenue Outlook: Ceragon anticipates fourth quarter revenue between $81 million and $83 million, primarily due to a large North American customer's deferral of certain deliveries into 2026, which has increased the backlog exiting 2025 without any expected order cancellations.
- 2026 Revenue Guidance: The company projects 2026 revenue of $355 million to $385 million, supported by expanding opportunities in North America and India, as well as continued traction in private networks, indicating a strategic focus on diversifying revenue streams.
- Backlog Growth: CEO Doron Arazi noted that the backlog in North America nearly doubled compared to the end of 2024, reflecting strong market demand and effective strategies in product development and sales coverage.
- Strategic Development Direction: Ceragon is focused on building a more resilient and scalable growth profile by introducing new products aligned with market needs, thereby enhancing its competitive position in future markets.
See More
Ceragon (CRNT) to Participate in 28th Annual Needham Growth Conference
- Conference Participation: Ceragon will participate in the 28th Annual Needham Growth Conference on January 13-14 at the Lotte NY Palace Hotel, with management scheduled for a fireside chat at 10:15 AM ET on January 14, which is expected to attract investor interest.
- Investor Engagement: Management will be available for 1x1 meetings throughout the conference, with investors encouraged to contact their Needham & Company representative to arrange, aiming to enhance direct communication with investors and improve company transparency.
- Market Positioning: Ceragon focuses on providing end-to-end wireless connectivity solutions, serving over 600 service providers and 1,600 private network owners across more than 130 countries, demonstrating its extensive influence in the global market.
- Technological Advantage: Ceragon's solutions are characterized by ultra-high reliability and speed, supporting 5G and 4G wireless connectivity, helping customers modernize networks and reduce total cost of ownership, further solidifying its leadership position in the wireless technology sector.
See More
Ceragon Networks to Announce Q4 Earnings on February 17
- Earnings Announcement: Ceragon Networks is set to release its Q4 earnings on February 17 before market open, with an expected EPS of $0.02, reflecting a 77.8% year-over-year decline, and a revenue estimate of $82.38 million, down 22.9% year-over-year, indicating significant performance challenges for the company.
- Performance Track Record: Over the past two years, Ceragon has beaten EPS estimates 63% of the time and revenue estimates 75% of the time, although recent lack of upward revisions in both EPS and revenue forecasts suggests a cautious market outlook on its future performance.
- Downward Revisions: In the last three months, EPS estimates have seen three downward revisions, while revenue estimates have experienced five downward adjustments, reflecting analysts' pessimistic expectations for Ceragon's future performance, which may impact investor confidence.
- Market Engagement: At the 28th Annual Needham Growth Conference, Ceragon Networks discussed preliminary Q4 revenue impacts and outlook following a major customer delivery shift, striving to maintain market attention despite the challenges faced.
See More
Ceragon to Release Q4 and Full Year Earnings on February 17, 2026
- Earnings Release Schedule: Ceragon has announced that it will release its Q4 and full year earnings for 2025 on February 17, 2026, before the market opens, demonstrating the company's commitment to transparency and investor communication.
- Investor Conference Call: The company will host a Zoom webcast at 8:30 AM ET on the same day to discuss the earnings results in detail and conduct a Q&A session, aiming to enhance interaction and trust with investors.
- Broad Customer Base: Ceragon's solutions are deployed in over 130 countries, serving more than 600 service providers and 1,600 private network owners, showcasing its significant influence in the global wireless connectivity market.
- Technological Edge: Ceragon focuses on delivering highly reliable and fast-to-deploy wireless solutions that optimize total cost of ownership, driving network modernization and further solidifying its leadership position in the era of 'connectivity everywhere'.
See More
Ceragon to Release Q4 and Full Year Earnings on February 17, 2026
- Earnings Release Schedule: Ceragon plans to release its earnings results for Q4 and the full year 2025 on February 17, 2026, before the market opens, showcasing its performance in the wireless connectivity solutions sector.
- Investor Conference: The company will host a Zoom webcast at 8:30 AM ET on the same day to discuss the earnings results in detail and conduct a Q&A session, enhancing engagement with investors.
- Broad Customer Base: Ceragon's solutions are deployed by over 600 service providers and more than 1,600 private network owners across 130 countries, demonstrating its significant influence in the global wireless connectivity market.
- Technological Edge: Ceragon focuses on delivering highly reliable and fast-to-deploy wireless solutions aimed at driving network modernization by lowering total cost of ownership, further solidifying its leadership position in the era of 'connectivity everywhere'.
See More
Ceragon Projects 2026 Revenue Between $355 Million and $385 Million
- Fourth Quarter Revenue Expectation: Ceragon anticipates fourth quarter revenue between $81 million and $83 million, primarily due to a large North American customer deferring certain deliveries to 2026, which has not led to order cancellations but rather increased the backlog exiting 2025.
- 2026 Revenue Guidance: The company projects 2026 revenue between $355 million and $385 million, supported by expanding opportunities in North America and India, continued growth in private networks, and new product introductions, indicating strong market demand and growth potential.
- Backlog Growth: The backlog in North America nearly doubled compared to the end of 2024, demonstrating robust market demand despite delivery delays, which lays a solid foundation for future revenue growth.
- Strategic Development Direction: Ceragon's CEO stated that the company is executing a clear growth strategy aimed at improving business consistency and resilience, ensuring sustainable growth in 2026 through adjustments in product development, sales coverage, and geographic focus.
See More
Ceragon Projects 2026 Revenue of $355 to $385 Million Amid Delivery Deferrals
- Fourth Quarter Revenue Outlook: Ceragon anticipates fourth quarter revenue between $81 million and $83 million, primarily due to a large North American customer's deferral of certain deliveries into 2026, which has increased the backlog exiting 2025 without any expected order cancellations.
- 2026 Revenue Guidance: The company projects 2026 revenue of $355 million to $385 million, supported by expanding opportunities in North America and India, as well as continued traction in private networks, indicating a strategic focus on diversifying revenue streams.
- Backlog Growth: CEO Doron Arazi noted that the backlog in North America nearly doubled compared to the end of 2024, reflecting strong market demand and effective strategies in product development and sales coverage.
- Strategic Development Direction: Ceragon is focused on building a more resilient and scalable growth profile by introducing new products aligned with market needs, thereby enhancing its competitive position in future markets.
See More
Ceragon (CRNT) to Participate in 28th Annual Needham Growth Conference
- Conference Participation: Ceragon will participate in the 28th Annual Needham Growth Conference on January 13-14 at the Lotte NY Palace Hotel, with management scheduled for a fireside chat at 10:15 AM ET on January 14, which is expected to attract investor interest.
- Investor Engagement: Management will be available for 1x1 meetings throughout the conference, with investors encouraged to contact their Needham & Company representative to arrange, aiming to enhance direct communication with investors and improve company transparency.
- Market Positioning: Ceragon focuses on providing end-to-end wireless connectivity solutions, serving over 600 service providers and 1,600 private network owners across more than 130 countries, demonstrating its extensive influence in the global market.
- Technological Advantage: Ceragon's solutions are characterized by ultra-high reliability and speed, supporting 5G and 4G wireless connectivity, helping customers modernize networks and reduce total cost of ownership, further solidifying its leadership position in the wireless technology sector.
See More
