CERAGON NETWORKS LTD (CRNT): Financial results for Q2 2026

Ceragon Networks’ Q2 2026 earnings call said first-half bookings and the book-to-bill ratio were the highest in 10 years, led by 5G expansion and modernization in India. The company reiterated 2026 revenue guidance of $355 million to $385 million, but lowered gross and operating margin expectations due to semiconductor and component cost pressures and supply timing. It expects a Tier-1 carrier revenue start in 2027 and gradual margin improvement in 2027.

Ceragon Networks (CRNT) shares rose about 4.6% pre-market after the company reported Q2 adjusted EPS of $0.02 vs $0.01 expected and revenue of $93.9M vs $86.78M expected. India drove 48% of revenue. GAAP net loss was $2.1M. FY2026 revenue guidance is $355M-$385M, with lower adjusted gross margin and operating margin.

Ceragon Networks (NASDAQ:CRNT) reported Q2 non-GAAP gross margin of 32.2% vs 35.2% a year earlier, with non-GAAP operating income of $4.0 million and net income of $1.7 million. Management cited supply-chain/component disruptions and cost pressures. India bookings of about $120 million are expected to convert into revenue in 2026. 2026 revenue guidance is $355m to $385m; margins were lowered.

U.S. stock futures were mostly flat as investors weighed geopolitical uncertainty and awaited U.S. inflation data. In premarket earnings moves, Riot Platforms rose on a $9.1B AI data center contract with Anthropic, NIQ Global Intelligence beat and raised guidance, On Holding fell on weaker sales, and Rocket Lab dropped on margin guidance.

Ceragon Networks (CRNT) shares rose about 4.7% in pre-open trading after the company reported Q2 2026 results before U.S. markets opened and held an investor webcast. The article cites about $120 million in year-to-date orders from Indian telecom operators, over $10 million in Q2 private network bookings, and a $70 million, five-year deal signed in July.

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.