Ceragon Networks Has Reached An Agreement To Collect A Debt From A South American Customer; Expects To Receive A Total Of $12M In Three Installments
Portfolio Pulse from Benzinga Newsdesk
Ceragon Networks has reached an agreement to collect a $12 million debt from a South American customer, to be received in three installments.
May 28, 2024 | 12:17 pm
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Ceragon Networks has secured an agreement to collect a $12 million debt from a South American customer, which will be paid in three installments.
The agreement to collect a $12 million debt will positively impact Ceragon Networks' cash flow and financial stability in the short term. The structured payment in three installments ensures a steady inflow of funds.
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