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Ceragon Networks Q4 net loss slightly more than Q4 2011Feb 15, 2013 (TELECOMWORLDWIRE via COMTEX) -- Ceragon Networks Ltd. (NASDAQ: CRNT) reported revenues for the fourth quarter of 2012 were $106.8 million. Net loss for the fourth quarter of 2012 was $8.4 million, compared to net loss of $8.2 million in the fourth quarter of 2011. Gross margin on a GAAP basis in the fourth quarter of 2012 was 32.8% of revenues. Gross margin on a non-GAAP basis in the fourth quarter was 33.3% of revenues. Operating loss on a GAAP basis in the fourth quarter of 2012 was ($7.1) million. On a non-GAAP basis operating income in the fourth quarter of 2012 was $1.8 million. Cash and cash investments at the end of the quarter were $51.6 million. Ceragon Networks is a wireless backhaul specialist whose solutions are deployed by more than 430 service providers in over 130 countries. Comments on this story may be sent to [email protected] |