$CRNT beats earnings but misses revenue, stock is down -2%
The fact that the company is profitable in this low demand environment says a lot of its business prospects #buy
Flor Crowley 03:00 AM 03/26/2020
2/2 "Supply chain constraint aside, Apple is concerned that the current situation would significantly lower consumer appetite to upgrade their phones, which could lead to a tame reception of the first 5G iPhone," said a source with direct knowledge of the discussion. "They need the first 5G iPhone to be a hit."
$CRNT$SILC Israeli companies that like to over promise and under delivere: both depend on big sales contracts and both are two optimistic about market potential and their ability to close deals. #negative
Max Carey 04:14 PM 11/04/2019
$CRNT the delayed contracts will come in the coming months. 5G implementation is not slowing down. Just too optimistic guidance from Israeli management of Ceragon. Good buying opportunity in several days when the sell off is over #buy
Ceragon Networks Ltd. develops, manufactures, and sells wireless networking systems. The Company's systems enable global communications service providers to immediately deploy high-capacity broadband infrastructures in metropolitan areas. Ceragon's customers include new and existing competitive local exchange carriers and Internet service providers.