Name: Ceragon Networks Ltd. (CRNT) Financial Statements
Creator: FinSpry

Ceragon Networks Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Ceragon Networks Ltd. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Revenue & Gross Profit
Revenue	394.19	347.18	295.17	290.77	262.88	285.58	343.87
Cost of Revenue	257.34	227.31	-202.11	202.39	187.24	188.74	227.71
Gross Profit	136.85	119.87	93.06	88.38	75.65	96.84	116.17
Operating Expenses
Research & Development	34.95	32.27	29.69	29.47	31.00	26.79	28.18
Selling, General & Administrative	58.94	64.54	70.09	54.10	52.51	62.75	61.85
Operating Expenses	98.12	96.81	-104.00	83.57	83.51	89.54	90.03
Operating Income	38.73	23.06	-10.94	4.81	-7.87	7.30	26.14
Other Income/Expense
Interest Income	-1.98	0.09	0.11	0.16	0.08	0.00	0.11
Interest Expense	5.97	7.54	5.02	4.65	0.00	0.00	4.60
Other Income/Expense	-11.47	-7.53	-9.47	-9.36	-3.32	0.65	-1.86
Income
Income Before Tax	27.25	12.74	-17.24	-3.82	-14.47	0.13	19.80
Income Tax Expense	3.19	6.52	2.45	11.01	2.62	2.48	-3.25
Net Income	24.06	6.22	-19.69	-14.83	-17.09	-2.34	23.05
Net Income - Continuous Operations	24.06	6.22	-19.69	-14.83	0.00	0.00	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	45.34	33.03	-11.22	3.78	2.80	6.04	32.15
EBIT	27.25	23.06	-22.26	-8.47	-7.87	-3.66	24.39
Depreciation & Amortization	12.11	9.97	-10.62	-11.85	10.67	-9.56	0.00
Earnings Per Share
Basic EPS	-	-	-	-	-	-	-
Diluted EPS	-	-	-	-	-	-	-
Basic Shares Outstanding	86.19	84.62	84.13	83.41	81.15	80.30	78.58
Diluted Shares Outstanding	88.46	85.48	84.13	83.41	81.15	80.30	81.02