Ceragon Networks

OverviewSuggest Edit

Ceragon Networks is a company providing 5G wireless transport solutions. It offers short-haul and long-haul high capacity, point-to-point microwave systems in the licensed spectrum as well as sub-6 GHz and V-band spectrum range. The company delivers design and planning, on-site consulting, preventive maintenance, and network optimization services.
TypePublic
Founded1996
HQLittle Falls, NJ, US
Websiteceragon.com
Employee Ratings3.7
Overall CultureB

Latest Updates

Employees (est.) (Dec 2020)1,019(-2%)
Revenue (FY, 2021)$290.8 M(+11%)
Share Price (Jul 2022)$2.6
Cybersecurity ratingBMore
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Key People/Management at Ceragon Networks

Doron Arazi

Doron Arazi

CEO
Ran Vered

Ran Vered

CFO
Oz Zimerman

Oz Zimerman

EVP of Marketing and Corporate Development
Guy Toibin

Guy Toibin

CIO
Muki Bourla

Muki Bourla

EVP of Global Delivery
Mario Querner

Mario Querner

President, APAC and Africa
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Ceragon Networks Office Locations

Ceragon Networks has offices in Little Falls, Richardson, Saddle Brook, Buenos Aires and in 33 other locations
Little Falls, NJ, US (HQ)
150 Clove Rd
Richardson, TX, US
851 International Pkwy #130
Saddle Brook, NJ, US
250 Pehle Ave
Buenos Aires, AR
Piso 23, Maipú 1300
North Sydney, AU
Suite 106, 1 Cassin Ave.
Sao Paulo, BR
Condomínio Multiplo Tambore - Av. Tambore, 1180 - A10 - Tamboré
Show all (37)

Ceragon Networks Financials and Metrics

Ceragon Networks Revenue

Ceragon Networks's revenue was reported to be $290.77 m in FY, 2021
USD

Revenue (FY, 2021)

290.8m

Gross profit (FY, 2021)

88.4m

Net income (FY, 2021)

(14.8m)

EBIT (FY, 2021)

4.8m

Market capitalization (29-Jul-2022)

217.0m

Closing stock price (29-Jul-2022)

2.6

Cash (31-Dec-2021)

17.1m
Ceragon Networks's current market capitalization is $217 m.
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020FY, 2021

Revenue

445.3m446.7m361.8m371.1m349.4m293.6m332.0m343.9m285.6m262.9m290.8m

Revenue growth, %

(16%)13%

Cost of goods sold

323.2m308.4m249.5m286.7m246.5m194.5m224.7m227.7m188.7m187.2m202.4m

Gross profit

122.1m138.3m112.2m84.4m102.9m99.2m107.3m116.2m96.8m75.6m88.4m
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020FY, 2021

Cash

29.0m47.1m42.4m41.4m36.3m36.3m25.9m35.6m23.9m27.1m17.1m

Accounts Receivable

143.2m149.1m131.2m162.6m116.7m107.4m113.7m123.5m118.5m107.4m107.8m

Prepaid Expenses

37.3m38.7m34.2m22.9m12.1m11.0m14.8m17.2m

Inventories

93.5m65.6m64.2m61.8m49.7m45.6m54.2m53.5m62.1m50.6m61.4m
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020FY, 2021

Net Income

(53.7m)(23.4m)(47.5m)(76.5m)1.0m11.4m15.6m23.0m(2.3m)(17.1m)(14.8m)

Depreciation and Amortization

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

Inventories

40.6m27.2m401.0k1.8m10.2m4.7m(8.6m)(956.0k)(9.5m)9.9m(11.9m)

Accounts Payable

(3.8m)25.0m(24.1m)25.2m(28.4m)(2.4m)4.8m2.3m(15.9m)2.0m5.9m
USDFY, 2011

Financial Leverage

2.6 x
Show all financial metrics

Ceragon Networks Operating Metrics

FY, 2014FY, 2015FY, 2016

Countries

130130

Patents Issued

211716

Patents Pending

2244

Service Providers

460460

Ceragon Networks Acquisitions / Subsidiaries

Company NameDateDeal Size
NERA NetworksJanuary 19, 2011
Ceragon Networks, Inc.
Ceragon Networks (India) Private Limited

Ceragon Networks Revenue Breakdown

Embed Graph

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

Ceragon Networks Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

Ceragon Networks Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub 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

Aviat Networks Urges Ceragon Networks Shareholders to Push for Board Change

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/...

Thinking about buying stock in Ceragon Networks, Trip.com, Huazhu Group, Melco Resorts & Entertainment, or Femasys?

NEW YORK, June 28, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CRNT, TCOM, HTHT, MLCO, and FEMY. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

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

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 Launches the Market’s First Radio-Aware Disaggregated Cell Site Gateway

Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, announced today that its IP-50FX Disaggregated Cell Site Gateway (DCSG) solution is now generally available for sale and deployment. The IP-50FX uses best-of-breed software and hardwar…

Ceragon Networks Reports 2021 Fourth Quarter And Full Year Financial Results

Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, today reported its financial results for the fourth quarter and full year ended December 31, 2021.

Tier 1 Nigerian Operator, Globacom, Signs Network Expansion Deal with Ceragon

Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, announced today that it has signed a deal with Globacom, the second largest operator in Nigeria, to further expand its network and enable it to maintain its cutting-edge technology. Gl…
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Ceragon Networks Blogs

CERAGON NETWORKS REPORTS FIRST QUARTER 2022 FINANCIAL RESULTS

Q1 2022 Financial Highlights: Revenues of $70.3 million Operating loss of $(1.3) million on a GAAP basis, or $(0.6) million on a non-GAAP basis EPS of $(0.03) per diluted share on a GAAP basis, or $(0.02) per diluted share on a non-GAAP basis Q1 2022 Business Highlights: S…

Ceragon Networks Announces CFO Departure

CFO Ran Vered expected to depart in May 2022; Search underway for successor

Tier 1 Operator in India Places Initial $15 Million Orders for Nationwide 4G expansion with Ceragon

Ceragon to help operator get its network 5G-ready to deliver WOW (Wireless, Open, Wideband) customer experiences with uninterrupted connectivity and faster speeds

Ceragon Launches the Market’s First Radio-Aware Disaggregated Cell Site Gateway – IP-50FX

The TIP-compliant solution provides mobile service providers and private networks a fast, cost-effective way to deploy and upgrade 4G and 5G cell sites  

Ceragon Networks and IP Infusion Partner to Deliver Industry’s First Radio-Aware Disaggregated Cell Site Router

Ceragon to launch IP-50FX – an open disaggregated networking platform for wireless transport and cell site routing to save costs and eliminate vendor lock-in

Ceragon to Renew & Maintain the Wireless Transport Network Infrastructure for RAI WAY, Italy’s National TV and Radio Network Provider

Ceragon to provide a full turnkey solution on an ambitious schedule, including equipment and network design, installation, commissioning as well as maintenance services – 2 won tenders valued at $2.1 million in total  
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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 Doron Arazi, Ran Vered and Oz Zimerman.

  • How many employees does Ceragon Networks have?

    Ceragon Networks has 1,019 employees.

  • What is Ceragon Networks revenue?

    Latest Ceragon Networks annual revenue is $290.8 m.

  • What is Ceragon Networks revenue per employee?

    Latest Ceragon Networks revenue per employee is $285.3 k.

  • Who are Ceragon Networks competitors?

    Competitors of Ceragon Networks include CCI, Allied Telesis and Aviat 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, Saddle Brook, Buenos Aires and in 33 other locations.

  • How many offices does Ceragon Networks have?

    Ceragon Networks has 37 offices.