Ceragon Networks Ltd., an Israeli company headquartered in Rosh HaAyin, was incorporated in 1996 and was formerly known as Giganet Ltd. before adopting its current name in September 2000. The firm specializes in furnishing advanced wireless backhaul and fronthaul systems, enabling cellular network operators and other wireless service providers to manage their telecommunication traffic efficiently. Leveraging sophisticated microwave and millimeter wave radio technologies, Ceragon's solutions facilitate high-speed, ultra-low latency data transfer. These systems are pivotal for connecting various network components, including 5G, 4G, 3G, and other cellular base stations, small or distributed cells, and the core infrastructure of service providers. Ceragon's product range encompasses several hardware families. This includes the IP-20 series for all-outdoor deployments (such as IP-20C, IP-20C-HP, IP-20S, IP-20E, and IP-20V) and split-mount/all-indoor configurations (like IP-20N/IP-20A, IP-20F, and IP-20G). Additionally, they offer IP-50 disaggregated solutions (including IP-50E, IP-50C, IP-50S, and IP-50FX), which cater to a broad spectrum of applications, from short-haul and long-haul links to fronthaul and enterprise access needs. Beyond its hardware offerings, the company provides a comprehensive network management system. It also delivers an array of professional services, which span network and radio planning, site surveys, solution development, installation, network auditing and optimization, ongoing maintenance, and training. Ceragon serves a diverse global client base, extending beyond mobile carriers to include oil and gas companies, public safety organizations, various business and public institutions, broadcasters, energy utilities, and operators of private communications networks. The company distributes its products and services across North America, Europe, Africa, the Asia Pacific region, the Middle East, India, and Latin America through a multi-channel sales strategy, utilizing direct sales, original equipment manufacturers (OEMs), distributors, and system integrators.
Ceragon Reports 2026 Second Quarter Financial Results
Ceragon reported Q2 2026 revenue of $93.9 million, up 14.2% year-over-year, driven by strong demand in India and record quarterly bookings in North America.
Despite the top-line growth, GAAP operating income fell to $0.2 million from $2.2 million in the prior year, while non-GAAP operating income was $4.0 million.
The company updated its full-year 2026 outlook for revenue of $355 million to $385 million but lowered non-GAAP gross and operating margin expectations due to cost pressures.