Ceragon Networks

Ceragon Networks Ltd. is engaged in the provision of wireless backhaul and fronthaul solutions. Its products include IP-50, IP-20, IP-20 Assured, Pointlink Stabilized Platforms, and Network & Service Management. The company was founded on July 23, 1996 and is headquartered in Tel Aviv, Israel.

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Ceragon Networks reports strong 2022 performance and anticipates 2023 growth

Ceragon Networks anticipates strong growth in 2023 with new product launches and E-band sales.
Company aims for a gross margin above 35% and expects improved profitability in 2023.
Geographic expansion in key regions and focus on new technology present growth opportunities.
Challenges in Q4 2022 are being addressed with a positive outlook for future performance.

Ceragon Networks posts solid Q1 results, eyes growth opportunities

Ceragon Networks delivered strong Q1 results, showcasing revenue growth, expanded margins, and a robust order backlog. The company's strategic focus on key markets and upcoming product launch signal a promising future. While challenges like supply chain dynamics persist, Ceragon's resilience and growth prospects remain compelling.

Ceragon Networks excels in Q2, eyes European expansion and new products

Ceragon Networks delivered strong revenue, profitability, and bookings in Q2, with optimism for continued growth in Europe and new product launches. The company's focus on cost efficiency, market expansion, and product innovation positions it for sustained success.

Ceragon Networks posts robust Q3 earnings, eyes Siklu acquisition for growth

Ceragon Networks reported strong financial results for Q3 2023, with revenue growth, improved profitability, and a positive cash position. The pending Siklu acquisition and strategic focus on sales and marketing investments position the company for future growth. Despite challenges like geopolitical risks, Ceragon Networks is optimistic about its growth prospects.

Ceragon Networks excels in Q4 2023, eyes growth in private networks

Ceragon Networks delivered a strong performance in Q4 2023 and the full year, driven by exceeding revenue guidance and achieving record operating income. With a focus on strategic acquisitions, market segment growth, and expansion in North America, the company is poised for continued success. Challenges lie in integrating acquisitions and meeting ambitious revenue targets, but opportunities abound in expanding private networks and launching innovative products.

Ceragon Networks reports strong Q1 performance, eyes revenue growth

Ceragon Networks had a positive Q1 2024, with strong revenue growth and profitability. The company faces challenges in managing revenue growth fluctuations but has opportunities to achieve its revenue targets and improve cash flows.

Ceragon Networks excels in Q2, eyes growth in private networks

Ceragon Networks delivered a strong Q2 performance with revenue growth, improved margins, and profitability, driven by new private network customer acquisitions.
The company's strategic focus on diversification, software-led revenue, and acquisitions is strengthening its market position and competitive advantage.
While Ceragon faces challenges in sustaining growth and managing acquisitions, proactive risk mitigation and strategic initiatives can support long-term success.

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Ceragon Networks Ltd. engages in the provision of wireless backhaul and fronthaul solutions. Its products include IP-50, IP-20, IP-20 Assured, Pointlink Stabilized Platforms, and Network & Service Management. The company was founded on July 23, 1996 and is headquartered in Tel Aviv, Israel.

Aviat Networks

Less than 15% of Shares Outstanding Supported Aviat's Director Nominees Excluding Aviat's Stake, Less Than 10% of Shares Outstanding Supported Aviat's Director Nominees ROSH HA'AYIN, Israel , Aug. 23, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT) (the "Company", "Ceragon", "we", "us", or "our"), a global innovator and leading solutions provider of 5G wireless transport, today announced that shareholders have overwhelmingly rejected ALL proposals set forth by Aviat Networks, Inc. (NASDAQ: AVNW) at the Company's 2022 Extraordinary General Meeting ("EGM").

Ceragon Shareholders Overwhelmingly Reject Aviat's Attempt to Take Control of the Company by Voting AGAINST ALL of Aviat's Proposals at the 2022 Extraordinary General Meeting

Ceragon Networks is set to return to profitability with a strong portfolio of new products in the pipeline, including 100G wireless and substantial new software capabilities. Design activity with service providers in 5G networks accelerated in CY20 and CY21, and Ceragon Networks is expected to further benefit from 5G rollouts in CY22.

Ceragon Networks: The Shift From LTE To 5G Should Bode Well

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Egan-Jones and ISS Both Conclude that Aviat's Revised Indication of Interest Significantly Undervalues Ceragon and is a Low-Ball Offer Ceragon Urges Shareholders to Vote "AGAINST" All Proposals on the WHITE Proxy Card ROSH HA'AIN, Israel , Aug. 19, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT) (the "Company", "Ceragon", "we", "us", or "our"), issued the following statement with reference to a report issued by Egan-Jones Proxy Services ("Egan-Jones") in connection with the Extraordinary General Meeting (EGM) scheduled to be held on August 23, 2022.

Independent Proxy Advisor Egan-Jones Joins ISS in Recommending Shareholders Vote "AGAINST" All Aviat Director Nominees

Raises Concerns About Board's "Objectivity and Independence" and Questions its "Ability to Perform its Proper Oversight Role" Recognizes Ceragon's track record of underperformance and questions standalone strategy Affirms fair value of Aviat's acquisition proposal AUSTIN, Texas , Aug. 18, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today announced that independent proxy advisory firm Glass Lewis has recommended that shareholders of Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon") vote FOR the removal of three members of Ceragon's Board of Directors ("Board"), Yael Langer, Ira Palti, and David Ripstein, at the upcoming Extraordinary General Meeting of Shareholders on August 23, 2022.

Independent Proxy Advisory Firm Glass Lewis Recommends that Ceragon Shareholders Vote for Change

Deadline for voting by proxy is 4:00 pm Israel time on August 22, 2022 ROSH HA'AIN, Israel , Aug. 18, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon" or the "Company"), a global innovator and leading solutions provider of 5G wireless transport, today issued the following statement as a reminder to shareholders regarding the importance of their vote at the Company's Extraordinary General Meeting (the "EGM") scheduled to be held next week, on August 23, 2022.

Ceragon Urges Shareholders to Vote AGAINST Aviat's Attempt to Take Control of the Board on the WHITE Proxy Card TODAY

After losing some value lately, a hammer chart pattern has been formed for Ceragon (CRNT), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

Here's Why Ceragon (CRNT) Looks Ripe for Bottom Fishing

The multi-million-dollar turnkey project award includes managed services, and leverages Ceragon's CeraOptimizer Software ROSH HA'AIN, Israel , Aug. 17, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon" or the "Company"), the global innovator and leading solutions provider of 5G wireless transport, today announced that a top tier operator in North America selected its equipment, software, rollout, and managed services for a large expansion project.

A Top Tier North American Operator Selects Ceragon Networks for Large Expansion Project

Ceragon Shareholders Face a Crucial Decision: Support the Current Board's Entrenched Directors and Failed Strategy or Elect New Independent Directors to Help Create Value for All Shareholders AUSTIN, Texas , Aug. 16, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today sent the following letter to shareholders of Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon" or the "Company") in connection with the Company's Extraordinary General Meeting ("EGM") of shareholders, which will take place on August 23, 2022.

Aviat Networks Sends Letter Urging Fellow Shareholders of Ceragon Networks to Vote on the GOLD Proxy Card Before Time Runs Out

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Ceragon (CRNT) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Why Fast-paced Mover Ceragon (CRNT) Is a Great Choice for Value Investors

Company hires financial and M&A veteran Ronen Stein to help accelerate growth and profitability ROSH HA'AIN, Israel , Aug. 15, 2022 /PRNewswire/ --  Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon" or the "Company"), a global innovator and leading solutions provider of 5G wireless transport, today announced the appointment of Ronen Stein as the Company's new Chief Financial Officer, effective September 21, 2022.

Ceragon Networks Appoints Ronen Stein as Chief Financial Officer

Aviat urges shareholders to vote on the GOLD proxy card for ALL FIVE Aviat nominees to elect directors who will support near- and long-term value creation at Ceragon AUSTIN, Texas , Aug. 11, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today issued the following open letter to shareholders of Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon" or the "Company") to correct the latest false claims and mischaracterizations made by Ceragon's Board of Directors ("Board") in its August 8, 2022 letter to shareholders.

Aviat Networks Issues Open Letter to Ceragon Networks Shareholders to Correct the Latest False Claims and Mischaracterizations from the Ceragon Board

ISS Reinforces Ceragon's Concerns Regarding Valuation and Certainty ISS States: "[Aviat's] offer lacks the certainty seen in typical M&A proxy contests." Ceragon Urges Shareholders to Vote "AGAINST" All Proposals on the WHITE Proxy Card ROSH HA'AIN, Israel, Aug. 10, 2022 /PRNewswire/ -- Ceragon Networks Ltd.

Leading Independent Proxy Advisor ISS Recommends Vote AGAINST All Aviat Director Nominees

ISS calls out the Ceragon Board's passive approach and that "lack of clear progress" could send CRNT stock lower in the absence of a transaction Also notes Ceragon's track record of underperformance relative to peers and the risks of standalone execution of its strategy Aviat urges shareholders to vote on the GOLD proxy card for ALL FIVE Aviat nominees to elect directors who will support near- and long-term value creation at Ceragon AUSTIN, Texas , Aug. 10, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today announced that independent proxy advisory firm Institutional Shareholder Services ("ISS") has recommended that shareholders of Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon") vote FOR the removal of two members of Ceragon's Board of Directors ("Board"), Yael Langer and Ira Palti, at the upcoming Extraordinary General Meeting of shareholders on August 23, 2022.

Independent Proxy Advisory Firm ISS Recognizes the Need for Board Change at Ceragon to Ensure a "More Fulsome Evaluation of Strategic Alternatives"

Revised IOI Continues to Significantly Undervalue Ceragon and Remains Highly Conditional Ceragon Urges its Shareholders to Protect Their Investment by Voting the WHITE Proxy Card AGAINST Aviat's Attempt to Take Control of the Board ROSH HA'AIN, Israel , Aug. 8, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT) (the "Company", "Ceragon", "we", "us", or "our") today issued the following letter to shareholders concerning the response of Ceragon's Board of Directors (the "Board") to the revised unsolicited, highly conditional, non-binding indication of interest from Aviat Networks, Inc. (NASDAQ: AVNW), a competitor of Ceragon.

Ceragon's Board Unanimously Rejects Aviat's Revised Indication of Interest

Shareholders are Not Required to Take any Action at this Time ROSH HA'AIN, Israel , Aug. 3, 2022 /PRNewswire/ --  Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon" or the "Company"), the global innovator and leading solutions provider of 5G wireless transport, today confirmed that it has received a revised non-binding indication of interest from Aviat Networks, Inc. ("Aviat") to acquire all of the outstanding shares of Ceragon for $3.08 per share, consisting of $2.80 in cash and $0.28 in equity consideration of Aviat common stock (the "Revised IOI"), subject to certain conditions.

Ceragon Confirms Receipt of Revised Non-binding Indication of Interest from Aviat Networks

Increased consideration would include $2.80 per share in cash and $0.28 in equity consideration of Aviat stock, providing a premium of 47% to closing price of Ceragon shares on June 27, 2022 Combination of cash and equity consideration provides balance of immediate and long-term value, allowing shareholders of both Aviat and Ceragon to benefit from the considerable value creation potential of the combined company New website ValueForCeragon.com provides information about what's at stake and the slate of highly qualified independent directors who will ensure Ceragon pursues opportunities to create value AUSTIN, Texas , Aug. 2, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today announced it has submitted a revised nonbinding proposal ("Revised Proposal") to acquire all the outstanding shares of Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon") to the Ceragon Board.

Aviat Networks Revises Proposal to Acquire Ceragon Networks to $3.08 Per Share

Ceragon Networks Ltd. (NASDAQ:CRNT ) Q2 2022 Earnings Conference Call August 1, 2022 9:00 AM ET Company Participants Maya Lustig - IR Doron Arazi - CEO Ran Vered - Chief Financial Officer Conference Call Participants Alex Henderson - Needham & Company George Iwanyc - Oppenheimer & Co., Inc. Operator Ladies and gentlemen, thank you for standing by and welcome to the Ceragon Networks' Q2 2022 Earnings Call.

Ceragon Networks Ltd. (CRNT) CEO Doron Arazi on Q2 2022 Results - Earnings Call Transcript

Ceragon (CRNT) delivered earnings and revenue surprises of 25% and 1.47%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Ceragon Networks (CRNT) Reports Q2 Loss, Lags Revenue Estimates

ROSH HA'AIN, Israel, Aug. 1, 2022 /PRNewswire/ -- Q2 2022 Financial Highlights: Revenues of $70.7 million Operating Income (loss) of $(0.3) million on a GAAP basis, or $0.4 million on a non-GAAP basis EPS of $(0.02) per diluted share on a GAAP basis, or $(0.03) per diluted share on a non-GAAP basis Q2 2022 Business Highlights:  Strong bookings in North America, Europe, India, Latin America and APAC North America : Record quarter in terms of bookings; represents 26% of all bookings. Bookings grew by 38% over Q1 2022.

CERAGON NETWORKS REPORTS 2022 SECOND QUARTER FINANCIAL RESULTS

Details the superior qualifications of Michelle R. Clayman, Paul Delson, Jonathan F.

Aviat Networks Urges Ceragon Networks Shareholders to Vote for Highly-Qualified Director Nominees

Remains Open to a Deal that Would Deliver Full, Fair and Certain Value to  ALL Ceragon's Shareholders Sends Letter to Aviat Board Responding to Aviat's Misleading Communications ROSH HA'AIN, Israel , July 25, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT) (the "Company", "Ceragon", "we", "us", or "our") today sent a letter to the Board of Directors of Aviat Networks, Inc. (NASDAQ: AVNW) in response to Aviat's recent misleading claims about its indication of interest to acquire Ceragon.

Ceragon Sets the Record Straight on Engagement with Aviat Networks

Corrects Ceragon's mischaracterizations of Aviat's acquisition proposal, financing commitments, and director nominations Reiterates commitment to completing transaction and provides roadmap to the path forward AUSTIN, Texas , July 21, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today sent a letter to shareholders of Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon" or "the Company"), in response to the numerous false and misleading claims Ceragon's Board and management team recently made regarding Aviat's premium acquisition proposal and the upcoming Extraordinary Meeting of Shareholders ("the Meeting" or "EGM").

Aviat Networks Clears the Air Regarding Ceragon Networks Shareholder Communication

ROSH HA'AIN, Israel , July 21, 2022 /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, 2022 on Monday, August 1, 2022 before the market opens.

CERAGON NETWORKS ANNOUNCES DATE FOR SECOND QUARTER 2022 FINANCIAL RESULTS

Ceragon's Strategy Has Driven Increased Bookings and Market Share Gains – and is Expected to Create Significant Revenue Growth, Margin Expansion and Shareholder Value Aviat's Demand to Appoint Five Hand-Picked Directors to Ceragon's Board Violates Ceragon's Articles Ceragon Files a Proxy Statement in Connection with an Extraordinary General Meeting;  Urges Shareholders to Vote Against the Removal of Ceragon's Directors on the  WHITE Proxy Card Ceragon's Largest Shareholder, Joseph D. Samberg, Founder & CEO of JDS Capital, Affirms His Support for the Company, Management and Board; His View that Aviat's Acquisition Proposal Is Well Below Ceragon's Fair Value; and His Intention to Vote For Ceragon's Board and Against Aviat's Request to Remove Any of our Existing Directors Ceragon to Host Investor Conference at 9:00 AM Eastern Time Today ROSH HA'AIN, Israel , July 18, 2022 /PRNewswire/ -- Ceragon Networks Ltd.

Ceragon Comments on Aviat's Self-Serving Attempt to Take Control of Ceragon's Board and Rejects Aviat's Opportunistic Indication of Interest that Significantly Undervalues Ceragon

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