Israeli firm Ceragon Networks beats Q3 sales expectations on growth in North America, India

Reuters11-11
Israeli firm Ceragon Networks beats Q3 sales expectations on growth in North America, India

Overview

  • Ceragon Q3 2025 revenue of $85.5 mln beats analyst expectations

  • Operating income for Q3 2025 misses analyst estimates

  • Company sees growth in North America and India, boosting Q4 visibility

Outlook

  • Ceragon expects full-year 2025 revenue to be approximately $340 mln

  • Company anticipates non-GAAP profit and positive cash flow in 2025

  • Ceragon sees market trends supporting year-over-year growth in 2026

Result Drivers

  • NORTH AMERICA GROWTH - Record quarterly revenue in North America and improved visibility into Q4

  • INDIA PURCHASING ACTIVITY - Renewed purchasing activity from a major carrier in India improved visibility

  • SMART CITY PROJECT - Initial stage of large Latin American smart city project expected to generate multi-year recurring revenue

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Beat

$85.48 mln

$83.48 mln (5 Analysts)

Q3 Adjusted EPS

$0.02

Q3 EPS

Q3 Net Income

$28,000

Q3 Operating Income

Miss

$3.75 mln

$4.20 mln (4 Analysts)

Q3 Pretax Profit

Miss

$777,000

$3.98 mln (4 Analysts)

Q3 Basic EPS

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the communications & networking peer group is "buy"

  • Wall Street's median 12-month price target for Ceragon Networks Ltd is $3.75, about 39.2% above its November 10 closing price of $2.28

Press Release: ID:nPn25TGj7a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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