From Nasdaq: 2025-02-07 15:00:00

Ceragon Networks Ltd. (CRNT) will announce its fourth-quarter 2024 results on Feb. 11, with an EPS estimate of 10 cents and revenue estimate of $104 million. The company’s last reported quarter beat earnings estimates by 77.8%. However, this time, the Earnings ESP is -5.26% with a Zacks Rank #3, indicating no conclusive prediction of an earnings beat.

Factors to watch ahead of CRNT’s Q4 earnings include strong demand for solutions, a focus on private networks in North America, and synergies from acquisitions like Siklu. The company expects 2024 revenues to reach $390-400 million. Despite challenges like competition and network domain slowdowns, CRNT stock has surged 83.6% in the past six months.

CRNT’s stock price performance has outpaced its industry and notable peers like Cisco Systems, Extreme Networks, and Ciena Corporation. Trading at a premium with a forward P/E of 14.13X, CRNT aims to capitalize on growth initiatives and strategic acquisitions to drive profitability. While integration risks persist, holding CRNT stock offers growth potential amidst external risks.

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Read more at Nasdaq: Should You Add Ceragon Stock to Your Portfolio Pre-Q4 Earnings?