Ceragon Networks reported second quarter 2026 revenue of $93.9 million, surpassing the consensus estimate of $86.45 million and reflecting 14.2% year-over-year growth. Despite the top-line beat driven by strong performance in India, management lowered its full-year profitability outlook, citing persistent industry-wide cost and supply chain pressures.

Key Highlights

  • Revenue momentum was fueled by India, which contributed 48% of total sales and saw approximately $120 million in year-to-date bookings as of July.
  • Non-GAAP EPS reached $0.02, doubling the $0.01 analyst estimate, while the company reported a GAAP net loss of $2.1 million.
  • Management lowered the fiscal 2026 non-GAAP operating margin target to 5%–6%, down from the previously guided range of 6.5%–7.5%.