Ceragon Networks
- Revenue$290.8 MFY, 2021
- Market Capitalization$217 M2022-07-29
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.
| Type | Public | |
| Founded | 1996 | |
| HQ | Little Falls, NJ, US | Map |
| Website | ceragon.com | |
| Employee Ratings | ||
| Overall Culture | B | More |
Recent NewsAll News
- Aviat Networks Urges Ceragon Networks Shareholders to Push for Board Change
- Thinking about buying stock in Ceragon Networks, Trip.com, Huazhu Group, Melco Resorts & Entertainment, or Femasys?
- Aviat Networks Proposes to Acquire Ceragon Networks for $2.80 Per Share in Cash
- Ceragon Launches the Market’s First Radio-Aware Disaggregated Cell Site Gateway
Key People/Management at Ceragon Networks
Doron Arazi
CEO
Ran Vered
CFO
Oz Zimerman
EVP of Marketing and Corporate Development
Guy Toibin
CIO
Muki Bourla
EVP of Global Delivery
Mario Querner
President, APAC and Africa
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
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.
| USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 445.3m | 446.7m | 361.8m | 371.1m | 349.4m | 293.6m | 332.0m | 343.9m | 285.6m | 262.9m | 290.8m |
Revenue growth, % | (16%) | 13% | |||||||||
Cost of goods sold | 323.2m | 308.4m | 249.5m | 286.7m | 246.5m | 194.5m | 224.7m | 227.7m | 188.7m | 187.2m | 202.4m |
Gross profit | 122.1m | 138.3m | 112.2m | 84.4m | 102.9m | 99.2m | 107.3m | 116.2m | 96.8m | 75.6m | 88.4m |
| USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 29.0m | 47.1m | 42.4m | 41.4m | 36.3m | 36.3m | 25.9m | 35.6m | 23.9m | 27.1m | 17.1m |
Accounts Receivable | 143.2m | 149.1m | 131.2m | 162.6m | 116.7m | 107.4m | 113.7m | 123.5m | 118.5m | 107.4m | 107.8m |
Prepaid Expenses | 37.3m | 38.7m | 34.2m | 22.9m | 12.1m | 11.0m | 14.8m | 17.2m | |||
Inventories | 93.5m | 65.6m | 64.2m | 61.8m | 49.7m | 45.6m | 54.2m | 53.5m | 62.1m | 50.6m | 61.4m |
| USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (53.7m) | (23.4m) | (47.5m) | (76.5m) | 1.0m | 11.4m | 15.6m | 23.0m | (2.3m) | (17.1m) | (14.8m) |
Depreciation and Amortization | 14.4m | 15.0m | 15.6m | 13.5m | 12.2m | 10.0m | 9.2m | 7.8m | 9.7m | 12.9m | 12.2m |
Inventories | 40.6m | 27.2m | 401.0k | 1.8m | 10.2m | 4.7m | (8.6m) | (956.0k) | (9.5m) | 9.9m | (11.9m) |
Accounts Payable | (3.8m) | 25.0m | (24.1m) | 25.2m | (28.4m) | (2.4m) | 4.8m | 2.3m | (15.9m) | 2.0m | 5.9m |
| USD | FY, 2011 |
|---|---|
Financial Leverage | 2.6 x |
Ceragon Networks Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| NERA Networks | January 19, 2011 | |
| Ceragon Networks, Inc. | ||
| Ceragon Networks (India) Private Limited |
Ceragon Networks Revenue Breakdown
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
Ceragon Networks Environment, Social & Governance (ESG) Ratings
Ceragon Networks Online and Social Media Presence
Ceragon Networks's Trends
Twitter Engagement Stats for @Ceragon
3.2k
Tweets
1.1k
Following
8.3k
Followers
21
Tweets last 30 days
1.1
Avg. likes per Tweet
61.9%
Tweets with engagement
Ceragon Networks Company Culture
Overall Culture
B
70/100
CEO Rating
C+
67/100
Compensation
C+
66/100
Ceragon Networks News and Updates
July 18, 2022
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/...
June 28, 2022
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....
June 27, 2022
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...
February 07, 2022
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…
February 07, 2022
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.
January 31, 2022
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…
Ceragon Networks Blogs
May 02, 2022
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…
March 31, 2022
Ceragon Networks Announces CFO Departure
CFO Ran Vered expected to depart in May 2022; Search underway for successor
February 24, 2022
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
February 07, 2022
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
December 07, 2021
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
November 08, 2021
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
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.
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