CRNT - Earnings announcements

Management to host investor conference call at 8:30 a.m. ET on the same day to discuss resultsROSH HA'AIN, Israel, April 29, 2026 /PRNewswire/ -- Ceragon (NASDAQ:CRNT), a leading solutions provider of end-to-end wireless connectivity, announces that it will release its earnings results for the first quarter ended March 31, 2026 on Tuesday, May 19, 2026, before the market opens. The Company will hold a Zoom webcast at 8:30 a.m. ET that same day to review the results, followed by a Q&A session. Investors may register for the call by clicking here. All relevant access details will be provided upon registration.For those unable to join the live call, a replay will be available on the Company's w

Results in-line with January update; Guidance reiterated and balance sheet strengthened ROSH HA'AIN, Israel, Feb. 17, 2026 /PRNewswire/ -- Ceragon (NASDAQ:CRNT), a leading solutions provider of end-to-end wireless connectivity, today reported its financial results for the fourth quarter and full-year ended December 31, 2025. The results are in-line with the preliminary results disclosed on January 8, 2026.   Q4 2025 Financial Highlights:Revenues of $82.3 million, in-line with January updateGAAP operating income of $2.4 million, non-GAAP operating income of $3.4 millionGAAP net income of $0.1 million, or $0.00 per diluted share; non-GAAP net income of $1.4 million, or $0.02 per diluted shareF

Management to host investor conference call at 8:30 a.m. ET to discuss results ROSH HA'AIN, Israel, Feb. 3, 2026 /PRNewswire/ -- Ceragon (NASDAQ:CRNT), a leading solutions provider of end-to-end wireless connectivity, announces that it will release its earnings results for the fourth quarter and full year ended December 31, 2025 on Tuesday, February 17, 2026, before the market opens.   The Company will hold a Zoom webcast at 8:30 a.m. ET that same day to review the results, which will include a Q&A session. Investors may register for the call by clicking here. All relevant access details will be provided upon registration. For those unable to join the live call, a replay will be available o

Management Expects Fourth Quarter Revenue of $81 to $83 Million Company Provides Outlook for 2026 of $355-385 Million in Annual Revenue ROSH HA'AIN, Israel, Jan. 8, 2026 /PRNewswire/ -- Ceragon (NASDAQ:CRNT), a leading solutions provider of end-to-end wireless connectivity, today provided a business update. Management now expects fourth quarter revenue of $81 to $83 million, reflecting the deferral in the final weeks of the quarter from a single large North American customer of certain deliveries from December 2025 into 2026. Management also provided guidance for 2026 revenue of $355 to $385 million.   Ceragon's CEO, Doron Arazi, commented: "During the fourth quarter, a large North Americ

Management to host Investor Conference Call at 8:30 a.m. ET on the same day to discuss results ROSH HA'AIN, Israel, Oct. 30, 2025 /PRNewswire/ -- Ceragon (NASDAQ:CRNT), a leading solutions provider of end-to-end wireless connectivity, announces that it will release its earnings results for the third quarter ended September 30, 2025 on Tuesday, November 11, 2025, before the market opens. The Company will hold a Zoom webcast at 8:30 a.m. ET that same day to review the results, which will include a Q&A session. Investors may register for the call by clicking here. All relevant access details will be provided upon registration. For those unable to join the live call, a replay will be available

Delivers profitability on a non-GAAP basis and free cash flow amid evolving revenue environment;Ceragon's technology leadership driving competitive gains and increased opportunities ROSH HA'AIN, Israel, Aug. 6, 2025 /PRNewswire/ -- Ceragon (NASDAQ:CRNT), a leading solutions provider of end-to-end wireless connectivity, today reported its financial results for the second quarter period ended June 30, 2025. Q2 2025 Financial Highlights: Revenues of $82.3 millionOperating income of $2.2 million on a GAAP basis, or $4.7 million on a non-GAAP basisNet income (loss) of ($1.3) million on a GAAP basis, and $2.5 million on a non-GAAP basisEPS of ($0.01) per diluted share on a GAAP basis, or $0.03 pe

ROSH HA'AIN, Israel, July 28, 2025 /PRNewswire/ -- Ceragon (NASDAQ:CRNT), a leading solutions provider of end-to-end wireless connectivity, announces that it will release its earnings results for the second quarter ended June 30, 2025 on Wednesday, August 6, 2025, before the market opens. The Company will hold a Zoom webcast at 8:30 a.m. ET that same day to review the results, which will include a Q&A session. Investors may register for the call by clicking here. All relevant access details will be provided upon registration. For those unable to join the live call, a replay will be available on the Company's website at www.ceragon.com. About Ceragon Ceragon (NASDAQ:CRNT) is the global innov

Revenues of $88.7 million, strongest bookings since Q1 2024 ROSH HA'AIN, Israel, May 7, 2025 /PRNewswire/ -- Ceragon (NASDAQ:CRNT), a leading solutions provider of end-to-end wireless connectivity, reports its financial results for the first quarter ended March 31, 2025. Q1 2025 Financial Highlights: Revenues of $88.7 million, up 0.2% year-over-yearOperating income (loss) of ($1.1) million on a GAAP basis and $4.5 million on a non-GAAP basisNet income (loss) of ($1.0) million on a GAAP basis and $2.6 million on a non-GAAP basisEPS of ($0.01) per diluted share on a GAAP basis and $0.03 per diluted share on a non-GAAP basisQ1 2025 Business Highlights: India: Highest bookings since Q1 2024Nort

ROSH HA'AIN, Israel, April 24, 2025 /PRNewswire/ -- Ceragon (NASDAQ:CRNT), a leading solutions provider of end-to-end wireless connectivity, today announced that it will release its earnings results for the first quarter ended March 31, 2025 on Wednesday, May 7, 2025, before the market opens. The Company will host a Zoom conference call on the same day at 8:30 a.m. ET to discuss the results, followed by a question-and-answer session for the investment community. Investors are invited to register for the call by clicking here. All relevant information will be sent upon registration. If you are unable to join the live call, a replay will be available on the Company's website at www.ceragon.co

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 yearOperating income of $9.5 million on a GAAP basis, or $12.2 million on a non-GAAP basisNet Income of $3.6 million on a GAAP basis, or $7.7 million on a non-GAAP basisEPS of $0.04 per diluted share on a GAAP basis, or $0.09 per diluted share on a non-GAAP basisFY 2024 Fina

ROSH HA'AIN, Israel, Jan. 30, 2025 /PRNewswire/ -- Ceragon (NASDAQ:CRNT), a leading solutions provider of end-to-end wireless connectivity, today announced that it will release its earnings results for the fourth quarter and full year period ended December 31, 2024 on Tuesday, February 11, 2025, before the market opens.     The Company will host a Zoom conference call on the same day at 8:30 a.m. ET to discuss the results, followed by a question-and-answer session for the investment community. Investors are invited to register by clicking here. All relevant information will be sent upon registration. If you are unable to join the live call, a replay will be available on our website at www.c

Revenue Diversification, Expense Management, Enable Consistent Profitability; Management Reiterates Midpoint of Full-Year 2024 Outlook  ROSH HA'AIN, Israel, Nov. 13, 2024 /PRNewswire/ -- Ceragon (NASDAQ:CRNT), a leading solutions provider of end-to-end wireless connectivity, today reported its financial results for the third quarter period ended September 30, 2024. Q3 2024 Financial Highlights: Revenues of $102.7 millionOperating income of $14.6 million on a GAAP basis, or $15.8 million on a non-GAAP basisNet Income of $12.2 million on a GAAP basis, and net income of $14.1 million on a non-GAAP basisEPS of $0.14 per diluted share on a GAAP basis, or $0.16 per diluted share on a non-GAAP ba

ROSH HA'AIN, Israel, Oct. 22, 2024 /PRNewswire/ -- Ceragon (NASDAQ:CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that it will release its earnings results for the third quarter ended September 30, 2024 on Wednesday, November 13, 2024, before the market opens. The Company will host a Zoom conference call on the same day at 8:30 a.m. ET to discuss the results, followed by a question-and-answer session for the investment community. Investors are invited to register by clicking here. All relevant information will be sent upon registration. If you are unable to join the live call, a replay will be available on our website at www.ceragon.com

Significant Penetration into Private Networks Management Reiterates Full-Year 2024 Outlook  ROSH HA'AIN, Israel, Aug. 7, 2024 /PRNewswire/ -- Ceragon (NASDAQ:CRNT), the leading solutions provider of end-to-end wireless connectivity, today reported its financial results for the second quarter period ended June 30, 2024.     Q2 2024 Financial Highlights: Revenues of $96.1 millionOperating income of $10.4 million on a GAAP basis, or $13.1 million on a non-GAAP basisNet Income of $7.8 million on a GAAP basis, and net income of $9.9 million on a non-GAAP basisEPS of $0.09 per diluted share on a GAAP basis, or $0.11 per diluted share on a non-GAAP basisQ2 2024 Business Highlights: India:-  Recor

ROSH HA'AIN, Israel, July 24, 2024 /PRNewswire/ -- Ceragon (NASDAQ:CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that it will release its earnings results for the second quarter ended June 30, 2024 on Wednesday, August 7, 2024, before the market opens.     The Company will host a Zoom conference call on the same day at 8:30 a.m. ET to discuss the results, followed by a question-and-answer session for the investment community. Investors are invited to register by clicking here.  All relevant information will be sent upon registration. If you are unable to join the live call, a replay will be available on our website at www.ceragon.com wi

Strong Demand and Bookings Bolster, Confidence of Continued Growth and Margin Expansion Management Reiterates Full-Year 2024 Outlook  ROSH HA'AIN, Israel, May 7, 2024 /PRNewswire/ -- Ceragon Networks Ltd (NASDAQ:CRNT), the global innovator and leading solutions provider of 5G wireless transport, today reported its financial results for the first quarter period ended March 31, 2024. Q1 2024 Financial Highlights: Revenues of $88.5 million, up 6.1% year-over-year Operating income of $4.2 million on a GAAP basis, or $7.6 million on a non-GAAP basisNet Income of $0.4 million on a GAAP basis, and net income of $4.7 million on a non-GAAP basisEPS of $0.00 per diluted share on a GAAP basis, or $0.

ROSH HA'AIN, Israel, April 24, 2024 /PRNewswire/ --Ceragon Networks Ltd. (NASDAQ:CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that it will release its earnings results for the first quarter ended March 31, 2024 on Tuesday, May 7, 2024, before the market opens.     The Company will host a Zoom conference call on the same day at 8:30 a.m. ET to discuss the results, followed by a question-and-answer session for the investment community. Investors are invited to register by clicking here. All relevant information will be sent upon registration. If you are unable to join the live call, a replay will be available on our website at www.cerago

Company Guides for Double Digit Growth; Targeting to Further Penetrate Private Network Markets   ROSH HA'AIN, Israel, Feb. 20, 2024 /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 period ended December 31, 2023. Q4 2023 Financial Highlights: Revenues of $90.4 million, up 20% year-over-yearSiklu acquisition, which closed on December 4, 2023, contributed modestly to quarterly revenue, in-line with expectationsOperating income of $4.2 million on a GAAP basis, or $7.8 million on a non-GAAP basisNet loss of $(1.2) million on a GAAP basis, an

ROSH HA'AIN, Israel, Feb. 5, 2024 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ:CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that it expects to release its earnings results for the fourth quarter and full-year ended December 31, 2023, on Tuesday, February 20, 2024, before the market opens. Management will host a Zoom conference call on the same day at 8:30 a.m. ET to discuss the results, followed by a question-and-answer session for the investment community. Investors are invited to register by clicking here. All relevant information will be sent upon registration. If you are unable to join the live call, a replay will be available on

Company Generates $2.1 Million in GAAP Net Income and Positive Free Cash Flow Raises Full Year Revenue Outlook to $334 - $348 Million ROSH HA'AIN, Israel, August 1, 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 second quarter and six months ended June 30, 2023.     Q2 2023 Financial Highlights: Revenues of $86.2 millionOperating income of $5.7 million on a GAAP basis, or $7.4 million on a non-GAAP basis; The non-GAAP operating income excludes an $0.9 million restructuring charge related to European operations.EPS of $0.02 per diluted share on a GAAP basis, or

ROSH HA'AIN, Israel, July 19, 2023 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ:CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that it will release its earnings results for the second quarter ended June 30, 2023 on Tuesday, August 1, 2023, before the market opens. The Company will host a zoom conference call on the same day at 8:30 a.m. ET to discuss the results, followed by a question-and-answer session for the investment community. Investors are invited to register by clicking here. All relevant information will be sent upon registration. If you are unable to join the live call, a replay will be available on our website at www.ceragon.

Company Delivers $83.4 Million in Revenue and Improved GAAP and Non-GAAP Net Income as Market Demand Continues to be Strong ROSH HA'AIN, Israel, May 1, 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 first quarter ended March 31, 2023. Q1 2023 Financial Highlights: Revenues of $83.4 millionOperating income of $4.7 million on a GAAP basis, or $5.9 million on a non-GAAP basisEPS of $0.02 per diluted share on a GAAP basis, or $0.04 per diluted share on a non-GAAP basisQ1 2023 Business Highlights: Book-to-bill above 1 on a quarterly and trailing 12-month basisStron

ROSH HA'AIN, Israel, April 20, 2023 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ:CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that it will release its earnings results for the first quarter ended March 31, 2023 on Monday, May 1, 2023 before the market opens. The Company will host a zoom web conference on the same day at 9:00a.m. ET to discuss the results, followed by a question-and-answer session for the investment community. Investors are invited to register by clicking here. All relevant information will be sent upon registration. If you are unable to join us live, a recording of the call will be available on our website at www.cerag

Q4 2022 Financial Highlights: Revenues of $75.5 millionOperating income of $1.7 million on a GAAP basis, or $3.2 million on a non-GAAP basisEPS of $(0.03) per diluted share on a GAAP basis, or $(0.00) per diluted share on a non-GAAP basisFull Year 2022 Financial Highlights: Revenues of $295.2 millionOperating income of $1.4 million on a GAAP basis, or $9.3 million on a non-GAAP basisEPS of $(0.09) per diluted share on a GAAP basis, or $(0.01) per diluted share on a non-GAAP basisQ4 & FY 2022 Business Highlights: Strong yearly bookings in North America and India; 2022 annual book-to-bill well above 1Increased success in open networks solutions, Managed Services, and new use cases in Q4 and t

ROSH HA'AIN, Israel, Jan. 26, 2023 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ:CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that it will release its earnings results for the fourth quarter and full year ended December 31, 2022 on Wednesday, February 8, 2023 before the market opens. The Company will host a zoom web conference on the same day at 9:00a.m. ET to discuss the results, followed by a question-and-answer session for the investment community. Investors are invited to register by clicking here. All relevant information will be sent upon registration. If you are unable to join us live, a recording of the call will be available on

ROSH HA'AIN, Israel, Jan. 26, 2023 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ:CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that it will release its earnings results for the fourth quarter and full year ended December 31, 2022 on Monday, February 8, 2022 before the market opens. The Company will host a zoom web conference on the same day at 9:00a.m. ET to discuss the results, followed by a question-and-answer session for the investment community. Investors are invited to register by clicking here. All relevant information will be sent upon registration. If you are unable to join us live, a recording of the call will be available on ou

Q3 2022 Financial Highlights: Revenues of $78.6 millionGross margin of 35.3% on a GAAP basis, or 35.5% on a non-GAAP basis Operating Income of $1.3 million on a GAAP basis, or $6.4 million on a non-GAAP basisEPS of $(0.01) per diluted share on a GAAP basis, or $0.05 per diluted share on a non-GAAP basisQ3 2022 Business Highlights:  Record quarter in terms of bookings, the highest since the beginning of 2017, mainly from India and North AmericaNorth America: Exceptionally strong quarter in terms of bookings and revenue; large long-standing customer becomes the Company's second customer above 10%. India: Strong bookings; strongest region in terms of revenues; first orders for E-band and vendor

ROSH HA'AIN, Israel, Oct. 24, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ:CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that it will release its earnings results for the third quarter ended September 30, 2022 on Monday, November 7, 2022 before the market opens.   The Company will host a zoom web conference on the same day at 9:00a.m. ET to discuss the results, followed by a question-and-answer session for the investment community. Investors are invited to register by clicking here. All relevant information will be sent upon registration. If you are unable to join us live, a recording of the call will be available on our website at

ROSH HA'AIN, Israel, Aug. 1, 2022 /PRNewswire/ -- Q2 2022 Financial Highlights: Revenues of $70.7 millionOperating Income (loss) of $(0.3) million on a GAAP basis, or $0.4 million on a non-GAAP basisEPS of $(0.02) per diluted share on a GAAP basis, or $(0.03) per diluted share on a non-GAAP basisQ2 2022 Business Highlights:  Strong bookings in North America, Europe, India, Latin America and APACNorth America: Record quarter in terms of bookings; represents 26% of all bookings. Bookings grew by 38% over Q1 2022. Strong backlog. Leading Tier 1 operator is intensively implementing Ceragon's equipment for 5G network expansionEurope: Strong revenues and a very healthy backlog India: Strong bookin

ROSH HA'AIN, Israel, July 21, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ:CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that it will release its earnings results for the second quarter ended June 30, 2022 on Monday, August 1, 2022 before the market opens. The Company will host a zoom web conference on the same day at 9:00a.m. ET to discuss the results, followed by a question-and-answer session for the investment community. Investors are invited to register by clicking here. All relevant information will be sent upon registration. If you are unable to join us live, a recording of the call will be available on our website at www.cer

Ceragon's Strategy Has Driven Increased Bookings and Market Share Gains – and is Expected to Create Significant Revenue Growth, Margin Expansion and Shareholder Value Aviat's Demand to Appoint Five Hand-Picked Directors to Ceragon's Board Violates Ceragon's Articles Ceragon Files a Proxy Statement in Connection with an Extraordinary General Meeting; Urges Shareholders to Vote Against the Removal of Ceragon's Directors on the WHITE Proxy Card Ceragon's Largest Shareholder, Joseph D. Samberg, Founder & CEO of JDS Capital, Affirms His Support for the Company, Management and Board; His View that Aviat's Acquisition Proposal Is Well Below Ceragon's Fair Value; and His Intention to Vote For Cerago

Calls for boardroom changes to address destruction of value at Ceragon and refusal to consider Aviat's premium acquisition proposal Urges Ceragon shareholders to vote for directors who will protect shareholder interests and consider value creation opportunities AUSTIN, Texas, June 27, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ:AVNW) ("Aviat"), the leading expert in wireless transport solutions, today announced that it has requested an extraordinary general meeting of Ceragon Networks Ltd. (NASDAQ:CRNT) ("Ceragon") shareholders for the purposes of increasing the size of the Ceragon Board of Directors to nine, removing three current directors, and electing five highly qualified and inde

Proposal represents 51% premium to 60-day volume weighted average trading price of Ceragon stock Would deliver immediate, significant value substantially in excess of the value Ceragon can generate as a stand-alone entity As 5% shareholder Aviat calls for extraordinary general meeting of Ceragon shareholders to elect new directors to evaluate proposal Schedules conference call for 7:00 p.m. ET on June 27, 2022 to discuss its compelling proposal AUSTIN, Texas, June 27, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ:AVNW) ("Aviat"), the leading expert in wireless transport solutions, today announced it has submitted a nonbinding proposal to acquire all the outstanding shares of Ceragon Netw

RICHARDSON, Texas, May 2, 2022 /PRNewswire/ -- Q1 2022 Financial Highlights: Revenues of $70.3 million Operating loss of $(1.3) million on a GAAP basis, or $(0.6) million on a non-GAAP basis EPS of $(0.03) per diluted share on a GAAP basis, or $(0.02) per diluted share on a non-GAAP basisQ1 2022 Business Highlights: Strong bookings in North America, India, Europe and LATAM Book to bill for the trailing 12 months is above 1North America:  -   Current outlook suggests another record year   -   Acquired new 5G customers including DISH and private networksEurope:  -   Record quarter surpassing the last two years in terms of bookings  -   Leading Tier 1 operator tested Ceragon's RAON software wit

RICHARDSON, Texas, April 20, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ:CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that it will release its earnings results for the first quarter ended March 31, 2022 on Monday, May 2, 2022 before the market opens. The Company will host a zoom web conference on the same day at 9:00a.m. ET to discuss the results, followed by a question-and-answer session for the investment community. Investors are invited to register by clicking the following link:https://touchconference.zoom.us/webinar/register/WN_-mPojV6lRz2zLXHIpeRe2g All relevant information will be sent upon registration. If you are unable

LITTLE FALLS, N.J., Feb. 7, 2022 /PRNewswire/ -- Q4 2021 Financial Highlights: Revenues of $77.8 million Operating income of $1.0 million on a GAAP basis, or $1.5 million on a non-GAAP basis EPS of $(0.15) per diluted share on a GAAP basis, or $(0.02) per diluted share on a non-GAAP basisFull Year 2021 Financial Highlights: Revenues of $290.8 million Operating income of $4.8 million on a GAAP basis, or $6.8  million on a non-GAAP basis EPS of $(0.18) per diluted share on a GAAP basis, or $(0.03) per diluted share on a non-GAAP basisQ4 & FY 2021 Business Highlights: Strong yearly bookings in North America, India and Europe; 2021 annual book-to-bill above 1 Twenty 5G design wins to date, acro

RICHARDSON, TX, Jan. 21, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ:CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that it will release its earnings results for the fourth quarter and full year ended December 31, 2021 on Monday, February 7, 2022 before the market opens. The Company will host a zoom web conference on the same day at 9:00a.m. ET to discuss the results, followed by a question-and-answer session for the investment community. Investors are invited to register by clicking the following link: https://touchconference.zoom.us/webinar/register/WN_L3nXmVAdTT-d-bTBHk1FaQ All relevant information will be sent upon registratio

 Q3 2021 Financial Highlights: Revenues of $76.1 million Operating income of $2.9 million on a GAAP basis, or $4.0 million on a non-GAAP basis EPS of $0.00 per diluted share on a GAAP basis, or $0.02 per diluted share on a non-GAAP basisQ3 2021 Business Highlights: Strong bookings in North America, India and Europe; book-to-bill above 1 Eighteen 5G design wins to date, across all geographies North America:         o    Strong quarter, especially in regards to Tier 1 activity        o    5G-related bookings accounted for over 50% of all North American bookings year-to-date Europe: 5G-related bookings accounted for over 35% of all European bookings year-to-date India: Continued healthy demand

Q2 2021 Financial Highlights: -  Revenues of $68.6 million-  Operating Income of $0.5 million on a GAAP basis, or $0.6 million on a non-GAAP basis-  EPS of $(0.02) per diluted share on a GAAP basis, or $(0.01) per diluted share on a non-GAAP basis Q2 2021 Business Highlights: -  Strong bookings in North America, India and Europe; book-to-bill way above 1 -  Sixteen 5G design wins to date, across all geographies-  North America:         - Selected by three leading operators to deploy and improve 5G connectivity;         - Selected by a leading service provider for a multi-year managed services agreement;         - 52% of bookings in the first half of the year are 5G-related -  Europe: 31% of