Ceragon Networks reported Q3 revenue of $85.4 million, compared to $99.0 million for the third quarter of 2014, and compared to $94.8 millionin the second quarter of 2015. Gross margin was 31.9% of revenues, compared to 25.6% of revenues in the third quarter of 2014, and compared to 28.2% of revenues in the second quarter of 2015. Net income was $1.4 million or $0.02 per basic share and diluted share for the third quarter of 2015. Net loss for the third quarter of 2014 was $(5.6) million, or $(0.08) per basic share and diluted share.
Ceragon’s Q3 Revenue Declines but Margin and Net Income are Up
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