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/Mis Actual Consensu

s s

Estimate

Q3 Beat $85.48 $83.48

Revenue mln mln (5

Analysts

)

Q3 $0.02

Adjusted

EPS

Q3 EPS

Q3 Net $28,000

Income

Q3 Miss $3.75 $4.20

Operatin mln mln (4

g Income Analysts

)

Q3 Miss $777,000 $3.98

Pretax mln (4

Profit 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 ( CRNT ) is $3.75, about 39.2% above its November 10 closing price of $2.28

Press Release:

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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.)