Ceragon Networks CRNT reported its Q1 earnings results on Monday, May 2, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Ceragon Networks beat estimated earnings by 33.33%, reporting an EPS of $-0.02 versus an estimate of $-0.03.
Revenue was up $2.05 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03 which was followed by a 0.96% drop in the share price the next day.
Here's a look at Ceragon Networks's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.01 | -0.04 | -0.03 | |
| EPS Actual | -0.02 | 0.02 | -0.01 | -0.01 |
| Revenue Estimate | 77.18M | 73.30M | 65.13M | 64.55M |
| Revenue Actual | 77.76M | 76.11M | 68.62M | 68.27M |
To track all earnings releases for Ceragon Networks visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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