Ceragon Networks Q4 Adj EPS $0.04 Beats $0.03 Estimate, Sales $90.36M Beat $84.78M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ceragon Networks (NASDAQ:CRNT) reported Q4 adjusted EPS of $0.04, surpassing the $0.03 estimate, with sales of $90.36M exceeding the $84.78M estimate, marking a 19.63% increase from the previous year.
February 20, 2024 | 12:19 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Ceragon Networks reported a strong Q4 with earnings and sales beating estimates, showing significant year-over-year growth.
Ceragon Networks' Q4 earnings and sales not only surpassed analyst expectations but also showed a notable increase from the previous year. This positive performance, especially in terms of both top and bottom lines exceeding estimates, is likely to instill investor confidence and could lead to a short-term positive impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100