Sunday, October 25, 2009

Ceragon Posts Revenue of $44.7 Million, up 6% Sequentially

Ceragon Networks reported Q3 2009 revenue of $44.7 million, down 23% from $58.1 million for the third quarter of 2008 and up 6% from $42.2 million in the second quarter of 2009. Net income (GAAP) for the third quarter of 2009 was $1.1 million or $0.03 per basic share and diluted share, compared to net income of $3.5 million or $0.09 per basic and diluted share in the third quarter of 2008. http://www.ceragon.com