ROSH HA AYIN, Israel (AP) — ROSH HA AYIN, Israel (AP) — Ceragon Networks Ltd. (CRNT) on Tuesday reported a loss of $1.2 million in its fourth quarter.
On a per-share basis, the Rosh Ha Ayin, Israel-based company said it had a loss of 1 cent. Earnings, adjusted for non-recurring costs and stock option expense, came to 4 cents per share.
The provider of wireless backhaul services posted revenue of $90.4 million in the period.
For the year, the company reported profit of $6.2 million, or 7 cents per share. Revenue was reported as $347.2 million.
Ceragon expects full-year revenue in the range of $385 million to $405 million.
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