Ceragon Networks Ltd
Ceragon Networks Announces Preliminary Results for First Quarter 2009
Published in Lab Law Weekly, April 17th, 2009
provider of high-capacity LTE ready wireless backhaul solutions, announced preliminary financial results for the first quarter ending March 31, 2009.
Ceragon expects revenues for the first quarter of 2009 to be in the range of $43 million to $45 million, compared with $47.2 million in the first quarter of 2008 and $56.8 million in the fourth quarter of 2008.
Gross margin is expected to range from approximately $33.5% to 34.5%. Steps taken to reduce operating expenses during the first quarter mitigated some of the impact of lower revenues on earnings. Therefore, based on the...
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Source: Lab Law Weekly (2009-04-17)
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