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Wireless

Ceragon's Q2 revenue affected by further delay in orders from India

Tuesday 2 July 2019 | 14:45 CET | News
Ceragon Networks announced a further delay in receiving certain large orders from India. The orders, which the company expected in time to be able to recognise a significant portion of the related revenue during the second quarter, are now expected in the third quarter. As a result of the further delay, approximately USD 20 million of revenue was pushed out from the second quarter. The remainder of Ceragon's global business was slightly better than management's expectations during the quarter.

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Categories: Mobile & Wireless
Companies: Ceragon
Countries: India / World
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