Our focus on fulfillment led to growth in our third quarter revenues coupled with high gross margins. Our bookings continued to reach record levels, including growing bookings in North America which are expected to yield high margins. ( NASDAQ: CRNT) (the “Company”, “Ceragon”, “we”, “us”, or “our”), the global innovator and leading solutions provider of 5G wireless transport, today reported its financial results for the third quarter ended September 30, 2022.ĭoron Arazi, Ceragon’s CEO, commented: “I’m pleased to report that in the third quarter of 2022, we achieved substantial success in key areas of our business, and made progress on our long-term strategy. 7, 2022 /PRNewswire/ - Ceragon Networks Ltd. APAC : A large multi-year contract signed with a leading Tier 1 Pacific Rim operator, valued at a potential of over $44 million over 3 years.India : Strong bookings strongest region in terms of revenues first orders for E-band and vendor agnostic multi band product. North America : Exceptionally strong quarter in terms of bookings and revenue large long-standing customer becomes the Company’s second customer above 10%.
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