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Stock Market & Financial Investment News

News Breaks
January 4, 2013
08:04 EDTCRNTCeragon Networks expects major customer to require additional procedures
The equipment was installed and accepted previously by the customer pursuant to the process in place at the time. The company's assessment is that the additional acceptance procedures will shift the recognition of between $11 million and $14 million of revenue from 2012 to 2013. The company noted that collections during the fourth quarter were strong, increasing net cash by approximately $12M-$13M.
News For CRNT From The Last 14 Days
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October 30, 2014
14:21 EDTCRNTCeragon Networks downgraded to Buy from Strong Buy at Needham
Needham downgraded Ceragon Networks to Buy with a $4 price target following the company's Q3 results.
09:24 EDTCRNTCeragon Networks expects US projects to start ramping up towards end of Q1
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09:19 EDTCRNTCeragon Networks expects to temper revenue in 2015 due to increased selectivity
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09:18 EDTCRNTCeragon Networks sees more optimal revenue mix in 2015 due to geography shift
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09:13 EDTCRNTCeragon Networks says biggest challenge in 2014 is direct result of success
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08:44 EDTCRNTCeragon Networks reports Q3 adjusted EPS (5c), consensus (3c)
Reports Q3 revenue $99.0M, consensus $94.96M.

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