OverviewSuggest Edit

Ceragon Networks provides high-capacity microwave Ethernet and TDM wireless backhaul to wireless service providers as well as private businesses. The Company offers Short-Haul and Long-Haul high capacity, point-to-point microwave systems in the licensed spectrum (6–42 GHz) as well as sub-6 GHz and V-band (70–80 GHz) spectrum range.

TypePublic
Founded1996
HQLittle Falls, NJ, US
Websiteceragon.com
Employee Ratings3.9
Overall CultureB

Latest Updates

Employees (est.) (Dec 2017)905
Revenue (FY, 2020)$262.9 M(-7%)
Share Price (Jul 2021)$3.7(+4%)
Cybersecurity ratingBMore

Key People/Management at Ceragon Networks

Zohar Zisapel

Zohar Zisapel

Chairman of the Board of Directors
Doron Arazi

Doron Arazi

Chief Executive Officer
Yael Langer

Yael Langer

Director
Ira Palti

Ira Palti

Vice Chairman
Ran Vered

Ran Vered

Chief Financial Officer
Avi Eizenman

Avi Eizenman

Director
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Ceragon Networks Office Locations

Ceragon Networks has offices in Little Falls, Richardson, Retiro, North Sydney and in 27 other locations
Little Falls, NJ, US (HQ)
150 Clove Rd
Richardson, TX, US
851 International Pkwy #130
Retiro, AR
1300 Maipú
North Sydney, AU
Suite 106, 1 Cassin Ave.
Sofia, BG
229 boulevard "Botevgradsko Shose"
Shenzhen, CN
Nanyou, Nanshan
Show all (39)

Ceragon Networks Financials and Metrics

Ceragon Networks Revenue

Ceragon Networks's revenue was reported to be $262.88 m in FY, 2020
USD

Revenue (FY, 2020)

262.9m

Gross profit (FY, 2020)

75.6m

Gross profit margin (FY, 2020), %

28.8%

Net income (FY, 2020)

(17.1m)

EBIT (FY, 2020)

(7.6m)

Market capitalization (21-Jul-2021)

309.4m

Closing stock price (21-Jul-2021)

3.7

Cash (31-Dec-2020)

27.1m

EV

295.3m
Ceragon Networks's current market capitalization is $309.4 m.
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

445.3m446.7m361.8m371.1m349.4m293.6m332.0m343.9m285.6m262.9m

Revenue growth, %

(16%)13%

Cost of goods sold

323.2m308.4m249.5m286.7m246.5m194.5m224.7m227.7m188.7m187.2m

Gross profit

122.1m138.3m112.2m84.4m102.9m99.2m107.3m116.2m96.8m75.6m
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

29.0m47.1m42.4m41.4m36.3m36.3m25.9m35.6m23.9m27.1m

Accounts Receivable

143.2m149.1m131.2m162.6m116.7m107.4m113.7m123.5m118.5m107.4m

Prepaid Expenses

37.3m38.7m34.2m22.9m12.1m11.0m14.8m

Inventories

93.5m65.6m64.2m61.8m49.7m45.6m54.2m53.5m62.1m50.6m
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(53.7m)(23.4m)(47.5m)(76.5m)1.0m11.4m15.6m23.0m(2.3m)(17.1m)

Depreciation and Amortization

14.4m15.0m15.6m13.5m12.2m10.0m9.2m7.8m9.7m12.9m

Inventories

40.6m27.2m401.0k1.8m10.2m4.7m(8.6m)(956.0k)(9.5m)9.9m

Accounts Payable

(3.8m)25.0m(24.1m)25.2m(28.4m)(2.4m)4.8m2.3m(15.9m)2.0m
USDFY, 2011

Financial Leverage

2.6 x
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Ceragon Networks Operating Metrics

FY, 2014FY, 2015FY, 2016

Countries

130130

Patents Issued

211716

Patents Pending

2244

Service Providers

460460
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Ceragon Networks Revenue Breakdown

Embed Graph

Ceragon Networks revenue breakdown by geographic segment: 11.9% from North America, 13.7% from Europe, 13.5% from Asia-Pacific and Middle East, 39.2% from India, 18.1% from Latin America and 3.6% from Other

Ceragon Networks Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

Ceragon Networks Online and Social Media Presence

Embed Graph

Ceragon Networks Company Culture

  • Overall Culture

    B

    70/100

  • CEO Rating

    C+

    67/100

  • Compensation

    C+

    66/100

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Ceragon Networks News and Updates

Ceragon Networks Announces Date For Second Quarter 2021 Financial Results

LITTLE FALLS, N.J., July 6, 2021 /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, 2021 on Monday, August 2,...

Ceragon Networks Announces Date For First Quarter 2021 Financial Results

LITTLE FALLS, N.J., April 7, 2021 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global leader in wireless hauling solutions, today announced that it will release its earnings results for the first quarter ended March 31, 2021 on Monday, May 3, 2021 before the market opens. The...

Zurich Technology Solutions Announces Global 5G Premier Value-Added Reseller Agreement With Ceragon Networks

IRVINE, Calif., Nov. 20, 2018 /PRNewswire/ -- Zurich Technology Solutions, Inc., a leading provider of telecommunications equipment, professional field and remote services, today announced a Premier Value-Added Reseller agreement with Ceragon Networks (NASDAQ: CRNT), a premier microwave...

Ceragon Networks Reports Third Quarter 2018 Financial Results

LITTLE FALLS, New Jersey, Nov. 5, 2018 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the #1 wireless backhaul specialist today reported results for the third quarter which ended September 30, 2018. Third Quarter 2018 Highlights: Revenues - $86.5 million, up 13.9% from the third...

Ceragon Networks Reports Second Quarter 2018 Financial Results

LITTLE FALLS, New Jersey, Aug. 6, 2018 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the #1 wireless backhaul specialist today reported results for the second quarter which ended June 30, 2018. Second Quarter 2018 Highlights: Revenues - $88.3 million, down 5.4% from the second...
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Ceragon Networks Blogs

Ceragon Announces Follow-On Orders from Multiple Tier-1 Operators in India for Wireless Transport Solutions, Totaling Over $35 Million

Ceragon to support multiple network expansion projects to improve nationwide coverage and prepare operator networks for 5G

A Leading US Service Provider, Selects Ceragon Networks for Multi-Year Managed Services Agreement

Ceragon to operate and maintain the service provider’s newly acquired wireless transport network in support of its expansion strategy to augment its solutions

Ceragon Ushers in a New Era of 5G Accessibility in Urban & Rural North America

Selected by three leading North American operators to deploy and improve 5G connectivity in dense urban & in rural areas

CERAGON NETWORKS REPORTS 2021 FIRST QUARTER FINANCIAL RESULTS

Q1 2021 Financial Highlights: Revenues of $68.3 million Operating Income of $0.4 million on a GAAP basis, or $0.7 million on a non-GAAP basis EPS of $(0.01) per diluted share on a GAAP basis, or $(0.01) per diluted share on a non-GAAP basis Q1 2021 Business Highlights: Strong bookin…

Doron Arazi to Succeed Ira Palti as CEO of Ceragon Networks

Palti will transfer his post to Arazi, the Company’s former deputy CEO & CFO, beginning of July 2021

Ceragon Selected by TIM Brazil to Participate in TIP 5G OpenRAN Trials

This trial marks a substantial step forward towards Ceragon’s involvement in Brazil’s future network deployments  
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Ceragon Networks Frequently Asked Questions

  • When was Ceragon Networks founded?

    Ceragon Networks was founded in 1996.

  • Who are Ceragon Networks key executives?

    Ceragon Networks's key executives are Zohar Zisapel, Doron Arazi and Yael Langer.

  • How many employees does Ceragon Networks have?

    Ceragon Networks has 905 employees.

  • What is Ceragon Networks revenue?

    Latest Ceragon Networks annual revenue is $262.9 m.

  • What is Ceragon Networks revenue per employee?

    Latest Ceragon Networks revenue per employee is $290.5 k.

  • Who are Ceragon Networks competitors?

    Competitors of Ceragon Networks include TeleCommunication Systems, Aviat Networks and Airspan Networks.

  • Where is Ceragon Networks headquarters?

    Ceragon Networks headquarters is located at 150 Clove Rd, Little Falls.

  • Where are Ceragon Networks offices?

    Ceragon Networks has offices in Little Falls, Richardson, Retiro, North Sydney and in 27 other locations.

  • How many offices does Ceragon Networks have?

    Ceragon Networks has 39 offices.