Ceragon Networks Ltd. Reports 2026 First Quarter Financial Results

Ceragon Networks Ltd. reported its financial results for the first quarter ended March 31, 2026. The company experienced a year-over-year revenue decrease of 4.1%, amounting to $85.0 million. GAAP operating income was $2.1 million, with a non-GAAP operating income of $4.2 million. The net loss on a GAAP basis was $1.3 million, or ($0.01) per diluted share, while non-GAAP net income was $0.7 million, or $0.01 per diluted share. The company highlighted positive momentum in India, with sequentially higher revenue and strong bookings. North America revenue remained robust, and progress was made with a new Tier 1 CSP. Ceragon reiterated its 2026 outlook, projecting revenues between $355 million and $385 million, with anticipated improvements in non-GAAP gross margin and operating margin.