By Terell Wright
Shares of Ceragon Networks fell after the wireless-network company reported lower profit and revenue in the third quarter.
The stock dropped 12%, to $2.01, midday Tuesday, and is down 57% year-to-date.
The Israel company reported its profit fell to $28,000, or break-even per share, from $12.2 million, or 14 cents a share, in the same quarter a year earlier.
Adjusted earnings were 2 cents a share, slightly missing analysts' expectations of 3 cents a share, according to FactSet.
Revenue fell roughly 17%, to $85.5 million, beating Wall Street's forecast of $83.5 million.
The company projects full-year revenue of around $340 million, compared with analysts' forecast of $340.2 million.
Write to Terell Wright at terell.wright@wsj.com
(END) Dow Jones Newswires
November 11, 2025 12:32 ET (17:32 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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