Ceragon Networks' transition to a broader wireless transport solutions company has led to a significant improvement in profitability and growth prospects. The company's revenue has grown at a 9.5% CAGR from 2020 to 2024, driven by higher gross profit margins, supply chain cost improvements, and increased revenue from North America. Despite challenges like cyclical telco CAPEX spending and competition, Ceragon's diversification into private networks and margin expansion position it for sustained growth, making it likely that the stock price will rise in the short term.