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Ceragon Networks guides for lower revenues in Q1, but strong demand throughout 2020

Monday 6 April 2020 | 15:48 CET | News
Ceragon Networks has updated its guidance for the first quarter and full year, taking into account the impact of the coronavirus pandemic on its business and operations. The company now expects Q1 revenues at USD 55.5-5.57 million, off from the 71.3 million reported in the fourth quarter and the 69.2 million recorded the year before, pulled down by delays in the pace of network rollouts and shipments due to the lockdowns and other covid-19 related measures.

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Categories: Mobile & Wireless
Companies: Ceragon Networks
Countries: World
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