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Ceragon reduces loss in Q1, warns about component shortage going ahead

Monday 3 May 2021 | 14:46 CET | News
Ceragon Networks narrowed its loss in the first quarter, on revenues rising 22.2 percent from the year before to USD 55.9 million. CEO Ira Palti, who will be handing over the reins from July to Doron Arazi, said the quarter was helped by rising data flows around the globe, with many Tier-1 and Tier-2 companies turning to Cerago for their 4G and 5G services.

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Categories: Mobile & Wireless
Countries: World
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