Ceragon Reports 18.3% Increase in Quarterly Revenue, GAAP EPS of $0.04 Per Share in the Fourth Quarter
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Ceragon (NASDAQ: CRNT) reported a strong Q4 2024 with an 18.3% increase in revenue to $106.9 million and a GAAP EPS of $0.04. The company achieved record annual revenues and operating income, driven by revenue diversification and expense management.
February 11, 2025 | 12:15 pm
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Ceragon reported a significant 18.3% increase in Q4 2024 revenue, reaching $106.9 million, and a GAAP EPS of $0.04. The company also achieved record annual revenues and operating income, indicating strong financial health and effective management strategies.
The 18.3% increase in quarterly revenue and positive EPS indicate strong financial performance, likely boosting investor confidence and positively impacting the stock price in the short term. The record annual revenues and operating income further reinforce the company's growth trajectory.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100