Ceragon Networks (CRNT) Reports Q4 Earnings Miss, Revenue Surpasses Estimates

Ceragon Networks (CRNT) reported Q4 earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.03 per share. Revenues were $82.33 million, surpassing the Zacks Consensus Estimate by 1.02%. The company has topped consensus revenue estimates three times over the last four quarters. The Zacks Rank is #4 (Sell), indicating that the shares are expected to underperform the market in the near future.