Ceragon reports 18.3% increase in quarterly revenue, gaap eps of $0.04 per share in the fourth quarter

Revenue diversification, expense management, enable consistent profitability rosh ha'ain, israel , feb. 11, 2025 /prnewswire/ -- ceragon (nasdaq: crnt), a leading solutions provider of end-to-end wireless connectivity, today reported its financial results for the fourth quarter period ended december 31, 2024.     q4 2024 financial highlights: revenues of $106.9 million, up 18.3% from $90.4 million in the same quarter last year operating income of $9.5 million on a gaap basis, or $12.2 million on a non-gaap basis net income of $3.6 million on a gaap basis, or $7.7 million on a non-gaap basis eps of $0.04 per diluted share on a gaap basis, or $0.09 per diluted share on a non-gaap basis fy 2024 financial highlights: revenues of $394.2 million, up 13.5% year-over-year, in-line with full-year guidance and the highest level since 2012 record operating income of $38.7 million on a gaap basis, or a record $48.8 million on a non-gaap basis net income of $24.1 million on a gaap basis, or $36.4 million on a non-gaap basis eps of $0.27 per diluted share on a gaap basis, or $0.41 per diluted share on a non-gaap basis q4 202 4 business highlights: india: all-time record quarterly revenues.
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