Ceragon Networks

Ceragon Networks Ltd. is engaged in the provision of wireless backhaul and fronthaul solutions. Its products include IP-50, IP-20, IP-20 Assured, Pointlink Stabilized Platforms, and Network & Service Management. The company was founded on July 23, 1996 and is headquartered in Tel Aviv, Israel.

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Ceragon Networks reports strong 2022 performance and anticipates 2023 growth

Ceragon Networks anticipates strong growth in 2023 with new product launches and E-band sales.
Company aims for a gross margin above 35% and expects improved profitability in 2023.
Geographic expansion in key regions and focus on new technology present growth opportunities.
Challenges in Q4 2022 are being addressed with a positive outlook for future performance.

Ceragon Networks posts solid Q1 results, eyes growth opportunities

Ceragon Networks delivered strong Q1 results, showcasing revenue growth, expanded margins, and a robust order backlog. The company's strategic focus on key markets and upcoming product launch signal a promising future. While challenges like supply chain dynamics persist, Ceragon's resilience and growth prospects remain compelling.

Ceragon Networks excels in Q2, eyes European expansion and new products

Ceragon Networks delivered strong revenue, profitability, and bookings in Q2, with optimism for continued growth in Europe and new product launches. The company's focus on cost efficiency, market expansion, and product innovation positions it for sustained success.

Ceragon Networks posts robust Q3 earnings, eyes Siklu acquisition for growth

Ceragon Networks reported strong financial results for Q3 2023, with revenue growth, improved profitability, and a positive cash position. The pending Siklu acquisition and strategic focus on sales and marketing investments position the company for future growth. Despite challenges like geopolitical risks, Ceragon Networks is optimistic about its growth prospects.

Ceragon Networks excels in Q4 2023, eyes growth in private networks

Ceragon Networks delivered a strong performance in Q4 2023 and the full year, driven by exceeding revenue guidance and achieving record operating income. With a focus on strategic acquisitions, market segment growth, and expansion in North America, the company is poised for continued success. Challenges lie in integrating acquisitions and meeting ambitious revenue targets, but opportunities abound in expanding private networks and launching innovative products.

Ceragon Networks reports strong Q1 performance, eyes revenue growth

Ceragon Networks had a positive Q1 2024, with strong revenue growth and profitability. The company faces challenges in managing revenue growth fluctuations but has opportunities to achieve its revenue targets and improve cash flows.

Ceragon Networks excels in Q2, eyes growth in private networks

Ceragon Networks delivered a strong Q2 performance with revenue growth, improved margins, and profitability, driven by new private network customer acquisitions.
The company's strategic focus on diversification, software-led revenue, and acquisitions is strengthening its market position and competitive advantage.
While Ceragon faces challenges in sustaining growth and managing acquisitions, proactive risk mitigation and strategic initiatives can support long-term success.

Ceragon Networks excels in Q3 with revenue growth and strategic focus

Ceragon Networks delivered a strong performance in Q3 2024, marked by revenue growth, improved profitability, and financial stability. While facing potential challenges in the market, the company remains well-positioned to capitalize on growth opportunities in emerging technologies. Strategic focus on key markets and product segments will drive future success.

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Ceragon Networks Ltd. engages in the provision of wireless backhaul and fronthaul solutions. Its products include IP-50, IP-20, IP-20 Assured, Pointlink Stabilized Platforms, and Network & Service Management. The company was founded on July 23, 1996 and is headquartered in Tel Aviv, Israel.

Aviat Networks

Aviat urges shareholders to vote on the GOLD proxy card for ALL FIVE Aviat nominees to elect directors who will support near- and long-term value creation at Ceragon AUSTIN, Texas , Aug. 11, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today issued the following open letter to shareholders of Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon" or the "Company") to correct the latest false claims and mischaracterizations made by Ceragon's Board of Directors ("Board") in its August 8, 2022 letter to shareholders.

Aviat Networks Issues Open Letter to Ceragon Networks Shareholders to Correct the Latest False Claims and Mischaracterizations from the Ceragon Board

ISS Reinforces Ceragon's Concerns Regarding Valuation and Certainty ISS States: "[Aviat's] offer lacks the certainty seen in typical M&A proxy contests." Ceragon Urges Shareholders to Vote "AGAINST" All Proposals on the WHITE Proxy Card ROSH HA'AIN, Israel, Aug. 10, 2022 /PRNewswire/ -- Ceragon Networks Ltd.

Leading Independent Proxy Advisor ISS Recommends Vote AGAINST All Aviat Director Nominees

ISS calls out the Ceragon Board's passive approach and that "lack of clear progress" could send CRNT stock lower in the absence of a transaction Also notes Ceragon's track record of underperformance relative to peers and the risks of standalone execution of its strategy Aviat urges shareholders to vote on the GOLD proxy card for ALL FIVE Aviat nominees to elect directors who will support near- and long-term value creation at Ceragon AUSTIN, Texas , Aug. 10, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today announced that independent proxy advisory firm Institutional Shareholder Services ("ISS") has recommended that shareholders of Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon") vote FOR the removal of two members of Ceragon's Board of Directors ("Board"), Yael Langer and Ira Palti, at the upcoming Extraordinary General Meeting of shareholders on August 23, 2022.

Independent Proxy Advisory Firm ISS Recognizes the Need for Board Change at Ceragon to Ensure a "More Fulsome Evaluation of Strategic Alternatives"

Revised IOI Continues to Significantly Undervalue Ceragon and Remains Highly Conditional Ceragon Urges its Shareholders to Protect Their Investment by Voting the WHITE Proxy Card AGAINST Aviat's Attempt to Take Control of the Board ROSH HA'AIN, Israel , Aug. 8, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT) (the "Company", "Ceragon", "we", "us", or "our") today issued the following letter to shareholders concerning the response of Ceragon's Board of Directors (the "Board") to the revised unsolicited, highly conditional, non-binding indication of interest from Aviat Networks, Inc. (NASDAQ: AVNW), a competitor of Ceragon.

Ceragon's Board Unanimously Rejects Aviat's Revised Indication of Interest

Shareholders are Not Required to Take any Action at this Time ROSH HA'AIN, Israel , Aug. 3, 2022 /PRNewswire/ --  Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon" or the "Company"), the global innovator and leading solutions provider of 5G wireless transport, today confirmed that it has received a revised non-binding indication of interest from Aviat Networks, Inc. ("Aviat") to acquire all of the outstanding shares of Ceragon for $3.08 per share, consisting of $2.80 in cash and $0.28 in equity consideration of Aviat common stock (the "Revised IOI"), subject to certain conditions.

Ceragon Confirms Receipt of Revised Non-binding Indication of Interest from Aviat Networks

Increased consideration would include $2.80 per share in cash and $0.28 in equity consideration of Aviat stock, providing a premium of 47% to closing price of Ceragon shares on June 27, 2022 Combination of cash and equity consideration provides balance of immediate and long-term value, allowing shareholders of both Aviat and Ceragon to benefit from the considerable value creation potential of the combined company New website ValueForCeragon.com provides information about what's at stake and the slate of highly qualified independent directors who will ensure Ceragon pursues opportunities to create value AUSTIN, Texas , Aug. 2, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today announced it has submitted a revised nonbinding proposal ("Revised Proposal") to acquire all the outstanding shares of Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon") to the Ceragon Board.

Aviat Networks Revises Proposal to Acquire Ceragon Networks to $3.08 Per Share

Ceragon Networks Ltd. (NASDAQ:CRNT ) Q2 2022 Earnings Conference Call August 1, 2022 9:00 AM ET Company Participants Maya Lustig - IR Doron Arazi - CEO Ran Vered - Chief Financial Officer Conference Call Participants Alex Henderson - Needham & Company George Iwanyc - Oppenheimer & Co., Inc. Operator Ladies and gentlemen, thank you for standing by and welcome to the Ceragon Networks' Q2 2022 Earnings Call.

Ceragon Networks Ltd. (CRNT) CEO Doron Arazi on Q2 2022 Results - Earnings Call Transcript

Ceragon (CRNT) delivered earnings and revenue surprises of 25% and 1.47%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Ceragon Networks (CRNT) Reports Q2 Loss, Lags Revenue Estimates

ROSH HA'AIN, Israel, Aug. 1, 2022 /PRNewswire/ -- Q2 2022 Financial Highlights: Revenues of $70.7 million Operating Income (loss) of $(0.3) million on a GAAP basis, or $0.4 million on a non-GAAP basis EPS of $(0.02) per diluted share on a GAAP basis, or $(0.03) per diluted share on a non-GAAP basis Q2 2022 Business Highlights:  Strong bookings in North America, Europe, India, Latin America and APAC North America : Record quarter in terms of bookings; represents 26% of all bookings. Bookings grew by 38% over Q1 2022.

CERAGON NETWORKS REPORTS 2022 SECOND QUARTER FINANCIAL RESULTS

Details the superior qualifications of Michelle R. Clayman, Paul Delson, Jonathan F.

Aviat Networks Urges Ceragon Networks Shareholders to Vote for Highly-Qualified Director Nominees

Remains Open to a Deal that Would Deliver Full, Fair and Certain Value to  ALL Ceragon's Shareholders Sends Letter to Aviat Board Responding to Aviat's Misleading Communications ROSH HA'AIN, Israel , July 25, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT) (the "Company", "Ceragon", "we", "us", or "our") today sent a letter to the Board of Directors of Aviat Networks, Inc. (NASDAQ: AVNW) in response to Aviat's recent misleading claims about its indication of interest to acquire Ceragon.

Ceragon Sets the Record Straight on Engagement with Aviat Networks

Corrects Ceragon's mischaracterizations of Aviat's acquisition proposal, financing commitments, and director nominations Reiterates commitment to completing transaction and provides roadmap to the path forward AUSTIN, Texas , July 21, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today sent a letter to shareholders of Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon" or "the Company"), in response to the numerous false and misleading claims Ceragon's Board and management team recently made regarding Aviat's premium acquisition proposal and the upcoming Extraordinary Meeting of Shareholders ("the Meeting" or "EGM").

Aviat Networks Clears the Air Regarding Ceragon Networks Shareholder Communication

ROSH HA'AIN, Israel , July 21, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that it will release its earnings results for the second quarter ended June 30, 2022 on Monday, August 1, 2022 before the market opens.

CERAGON NETWORKS ANNOUNCES DATE FOR SECOND QUARTER 2022 FINANCIAL RESULTS

Ceragon's Strategy Has Driven Increased Bookings and Market Share Gains – and is Expected to Create Significant Revenue Growth, Margin Expansion and Shareholder Value Aviat's Demand to Appoint Five Hand-Picked Directors to Ceragon's Board Violates Ceragon's Articles Ceragon Files a Proxy Statement in Connection with an Extraordinary General Meeting;  Urges Shareholders to Vote Against the Removal of Ceragon's Directors on the  WHITE Proxy Card Ceragon's Largest Shareholder, Joseph D. Samberg, Founder & CEO of JDS Capital, Affirms His Support for the Company, Management and Board; His View that Aviat's Acquisition Proposal Is Well Below Ceragon's Fair Value; and His Intention to Vote For Ceragon's Board and Against Aviat's Request to Remove Any of our Existing Directors Ceragon to Host Investor Conference at 9:00 AM Eastern Time Today ROSH HA'AIN, Israel , July 18, 2022 /PRNewswire/ -- Ceragon Networks Ltd.

Ceragon Comments on Aviat's Self-Serving Attempt to Take Control of Ceragon's Board and Rejects Aviat's Opportunistic Indication of Interest that Significantly Undervalues Ceragon

Entrenchment and conflicts of interest plague current Ceragon Board Voting expected to begin soon, giving Ceragon shareholders the chance to elect new, highly qualified independent directors to ensure Ceragon pursues opportunities to create value AUSTIN, Texas , July 18, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today sent another letter to shareholders of Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon" or "the Company"), in connection with the upcoming extraordinary meeting of shareholders.

Aviat Networks Urges Ceragon Networks Shareholders to Push for Board Change

NEW YORK--(BUSINESS WIRE)--Joseph D. Samberg, who manages funds for his own account through his affiliates and is the largest shareholder of Ceragon Networks, Inc. (“Ceragon” or the “Company”) (NASDAQ: CRNT), owning almost 10% of the outstanding common stock of the Company, today sent a letter to Ceragon's Board of Directors. In the letter, which is reprinted below, Mr. Samberg expressed his support for Ceragon and its management and his view that the acquisition price offered by Aviat Networks

Largest Ceragon Networks Shareholder Sends Letter to Board of Directors

Encourages them to urge Ceragon Board to consider Aviat's premium acquisition proposal Emphasizes destruction of value under current Ceragon leadership AUSTIN, Texas , July 12, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today issued an open letter to shareholders of Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon" or "the Company"), encouraging them to urge the Ceragon Board of Directors (the "Board") to seriously consider Aviat's acquisition proposal, which continues to provide Ceragon shareholders with the opportunity to receive an immediate and certain cash premium.

Aviat Networks Issues Open Letter to Ceragon Networks Shareholders

AUSTIN, Texas , July 6, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today issued the following open letter to the Board of Directors (the "Board") of Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon" or the "Company"), urging the Company to schedule an extraordinary meeting of shareholders, which Aviat called for on June 27 th (U.S.) / June 28 th (Israel), 2022.

Aviat Networks Calls Out Ceragon Networks' Failure to Respond to Acquisition Proposal and Request for Extraordinary Meeting of Shareholders

Ceragon Networks Ltd (NASDAQ: CRNT) shares jumped 15% after Aviat Networks Inc (NASDAQ: AVNW) announced the submission of a non-binding agreement to purchase all Ceragon's outstanding shares currently not held in a cash transaction at $2.8 per share. As a result, as of June 24, 2022, Aviat held around 5% of Ceragon's shares outstanding, making […] The post Here is why Ceragon shares are up 15% appeared first on Invezz.

Here is why Ceragon shares are up 15%

Shareholders are Not Required to Take any Action at this Time RICHARDSON, Texas , June 28, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon" or the "Company"), the global innovator and leading solutions provider of 5G wireless transport, confirms receipt of two letters from its competitor, Aviat Networks, Inc. ("Aviat").

Ceragon Confirms Receipt of Letters From Aviat Networks

Ceragon Networks (CRNT) stock is rising higher on Tuesday following news of an acquisition deal with Aviat Networks (AVNW). The post Ceragon Networks (CRNT) Stock Gains 20% on Aviat Acquisition appeared first on InvestorPlace.

Ceragon Networks (CRNT) Stock Gains 20% on Aviat Acquisition

Ceragon Networks Ltd. CRNT, -5.43% shares surged in the extended session Monday after Aviat Networks Inc. AVNW, -2.08% offered to acquire the wireless telecom equipment company and shake up its board.

Ceragon stock surges on acquisition offer from Aviat

Calls for boardroom changes to address destruction of value at Ceragon and refusal to consider Aviat's premium acquisition proposal Urges Ceragon shareholders to vote for directors who will protect shareholder interests and consider value creation opportunities AUSTIN, Texas , June 27, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today announced that it has requested an extraordinary general meeting of Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon") shareholders for the purposes of increasing the size of the Ceragon Board of Directors to nine, removing three current directors, and electing five highly qualified and independent new directors to better represent the interests of all Ceragon shareholders.

Ceragon Networks Shareholder Aviat Networks Calls for Extraordinary General Meeting of Ceragon Shareholders and Nominates Five Highly Qualified, Independent Candidates for Election to the Ceragon Board of Directors

Proposal represents 51% premium to 60-day volume weighted average trading price of Ceragon stock Would deliver immediate, significant value substantially in excess of the value Ceragon can generate as a stand-alone entity As 5% shareholder Aviat calls for extraordinary general meeting of Ceragon shareholders to elect new directors to evaluate proposal Schedules conference call for 7:00 p.m. ET on June 27, 2022 to discuss its compelling proposal AUSTIN, Texas , June 27, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today announced it has submitted a nonbinding proposal to acquire all the outstanding shares of Ceragon Networks Ltd.

Aviat Networks Proposes to Acquire Ceragon Networks for $2.80 Per Share in Cash

Ceragon Networks Ltd. (NASDAQ:CRNT ) Q1 2022 Earnings Conference Call May 2, 2022 9:00 AM ET Company Participants Maya Lustig - Investor Relations Doron Arazi - Chief Executive Officer Ran Vered - Chief Financial Officer Conference Call Participants Alex Henderson - Needham & Company George Iwanyc - Oppenheimer & Co., Inc. Operator Ladies and gentlemen, thank you for standing by and welcome to the Ceragon Networks' Q1 2022 Earnings Call.

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