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Provider: Thomson Reuters Stock Report
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Ceragon Networks Ltd Lowers Q1 2013 Revenue Guidance; Issues Q1 2013 EPS Guidance Below Analysts' Estimates

Monday, 8 Apr 2013 08:01am EDT 

Ceragon Networks Ltd announced that for the first quarter of 2013, it expects revenues to be in the range of $89-$91 million, below the Company's guidance of $95-$105 million. Based on the anticipated level of revenues during the first quarter, GAAP EPS is expected to be in the range of $(0.36) to $(0.39). EPS on a non-GAAP basis is expected to be in the range of $(0.15) to $(0.18) for first quarter. The Company expects revenues will not reach the low end of guidance for the first quarter of 2013 because it is taking longer than it expected to close certain deals. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $101 million and EPS of $0.02 for the first quarter of 2013. 

Company Quote

19 Dec 2014