Ceragon Networks Reports Q3 2026 Revenue Growth Driven by North American Demand
Ceragon Networks (CRNT) reported strong third-quarter 2026 results, highlighted by an 11.7% year-over-year revenue increase to $95.5 million. The growth was primarily driven by a rebound in North American activity following previous supply constraints and robust network modernization efforts in India, which accounted for 35% of total revenue. Profitability saw significant improvement, with non-GAAP net income more than tripling compared to the prior year's third quarter. Despite facing ongoing component cost pressures and supply chain volatility, the company successfully expanded its non-GAAP gross margin to 36.4%. Management is proactively increasing inventory levels to mitigate potential delivery delays through 2027.
Topics: Financial Guidance Gross Margin Net Income Operating Cash Flow Revenue Growth