Ceragon Networks Ltd expected to post earnings of 1 cent a share - Earnings Preview

US stock futures rose Tuesday, led by tech and semiconductors on AI optimism. Dow Jones futures gained 0.3%, S&P 500 futures 0.5%, and Nasdaq 100 futures 1.3%. 3M jumped 5.7% after Q2 adjusted EPS of $2.40 on $6.5B sales and raised full-year outlook. Other movers included GM, Ceragon, Workday, MSCI, Equifax, and Danaher.

U.S. stock futures rose as semiconductor shares rebounded ahead of major tech earnings. 3M gained 5.7% after Q2 adjusted EPS of $2.40 on $6.5B sales and a raised 2026 profit outlook. GM fell 1.3% despite adjusted EPS of $3.57 on $48.0B revenue. Other movers included Ceragon, Workday, MSCI, Equifax, and Danaher.

Ceragon Networks (NASDAQ:CRNT) shares rose about 14% after the company announced a five-year, roughly $70 million agreement with a Tier-1 mobile operator in Asia-Pacific. Ceragon will provide transport solutions and services to support nationwide 4G and 5G network infrastructure, with potential managed services and network monitoring.

On May 20, 2026, Craig-Hallum analyst Christian Schwab raised Ceragon Networks’ (CRNT) price target to $4 from $3 and kept a Buy rating, citing solid Q1 results and full-year revenue guidance of $355M–$385M. Roth Capital analyst Scott Searle raised its target to $4.50 from $3.75, also maintaining Buy. Ceragon reported Q1 non-GAAP EPS of 1c and revenue of $85.0M, above consensus, while noting margin pressure from costs and FX.

Ceragon Networks (NASDAQ:CRNT) reported Q1 2026 revenue of $85.0 million, down 4.1% year over year but above Wall Street’s $80.4 million consensus, according to the company. CEO Doron Arazi attributed the decline to timing of Indian operator orders converting to revenue. India accounted for 35% of revenue; management said it booked about $86 million in orders year-to-date, with ~$24 million recognized in Q1. Non-GAAP EPS was $0.01 vs $0.03 in Q1 2025; GAAP gross margin rose to 35.4%. CFO Ronen S

Conduent (Nasdaq: CNDT) said Virginia’s DMAS awarded it a contract, up to 14 years, to continue operating and modernize Virginia Medicaid delivery systems. Using its Conduent Medicaid Suite, Conduent will support claims processing, finance, call centers, reporting, and related services for about 1.6 million enrollees.