Ceragon networks reports 2022 fourth quarter and full year financial results
Q 4 2022 financial highlights: revenues of $75.5 million operating income of $1.7 million on a gaap basis, or $3.2 million on a non-gaap basis eps of $(0.03) per diluted share on a gaap basis, or $(0.00) per diluted share on a non-gaap basis full year 2022 financial highlights: revenues of $295.2 million operating income of $1.4 million on a gaap basis, or $9.3 million on a non-gaap basis eps of $(0.09) per diluted share on a gaap basis, or $(0.01) per diluted share on a non-gaap basis q 4 & fy 2022 business highlights: strong yearly bookings in north america and india; 2022 annual book-to-bill well above 1 increased success in open networks solutions, managed services, and new use cases in q4 and throughout the year north america: - excellent year in terms of bookings; q4 softer due to seasonality - increased focus and significant traction in the critical infrastructure sector in q4 europe: - strong quarter with several key agreements signed - open network solution gaining traction india : - strongest region in terms of q4 and annual revenue - ongoing strong demand for our 4g network products and growing demand for our 5g network solutions rosh ha'ain, israel , feb. 8, 2023 /prnewswire/ -- ceragon networks ltd. (nasdaq: crnt), the global innovator and leading solutions provider of 5g wireless transport, today reported its financial results for the fourth quarter and full year ended december 31, 2022.
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