- Ceragon Networks (NASDAQ:CRNT) announces receiving $66M n orders for its IP-20 Platform.
- The orders came from a tier 1 operator located in India.
- Total orders for products and services from tier 1 operators in India now totals over $100M during 2H17.
- Order shipments will begin in December and Ceragon expects to recognize $10M in Q4 with the balance coming in 1H18.
- Ceragon shares are up 11.6%.
- Previously: Ceragon Networks down after Q3 revenue miss, "lumpiness" in India business (Nov. 6)
Ceragon Networks receives $66M in orders
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Symbol | Last Price | % Chg |
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CRNT | - | - |
Ceragon Networks Ltd. |