LITTLE FALLS, New Jersey,
April 13, 2020 /PRNewswire/
-- Ceragon Networks Ltd. (NASDAQ: CRNT), the #1
wireless hauling specialist, today is providing details of the
conference call for its first quarter 2020 financial results. The
Company will issue a press release announcing its results during
pre-market hours on May 4, 2020.
A conference call will follow beginning at 9:00 a.m. EST. Investors are invited to join the
company's teleconference by calling (USA) (844) 291-6360 or international +1 (234)
720-6993 and using the following access code: 6063623.
Investors can also listen to the call live via the Internet by
accessing Ceragon Networks' website on the webcasts page in the
section for investors: www.ceragon.com/investors/webcasts/
selecting the webcast link, and following the registration
instructions.
If you are unable to join us live, the replay numbers are:
(USA) (866) 207-1041
(International) +1 (402) 970-0847, with access code: 8883765. This
audio replay will be available through June
4, 2020.
About Ceragon Networks Ltd.
Ceragon Networks Ltd. (NASDAQ: CRNT) is the #1 wireless hauling
specialist. We help operators and other service providers worldwide
increase operational efficiency and enhance end customers' quality
of experience with innovative wireless backhaul and fronthaul
solutions. Our customers include wireless service providers, public
safety organizations, government agencies and utility companies,
which use our solutions to deliver 5G & 4G, mission-critical
multimedia services and other applications at high reliability and
speed.
Ceragon's unique multicore technology and disaggregated approach
to wireless hauling provides highly reliable, fast to deploy,
high-capacity wireless hauling for 5G and 4G networks with minimal
use of spectrum, power and other resources. It enables increased
productivity, as well as simple and quick network modernization,
positioning Ceragon as a leading solutions provider for the 5G era.
We deliver a range of professional services that ensure efficient
network rollout and optimization to achieve the highest value for
our customers. Our solutions are deployed by more than 460 service
providers, as well as hundreds of private network owners, in more
than 130 countries.
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Safe Harbor
Ceragon Networks® and FibeAir® are registered trademarks of
Ceragon Networks Ltd. in the United
States and other countries. CERAGON ® is a trademark of
Ceragon Networks Ltd., registered in various countries. Other names
mentioned are owned by their respective holders.
This press release contains statements concerning
Ceragon's future prospects that are "forward-looking statements"
within the meaning of the Securities Act of 1933 and the Securities
Exchange Act of 1934, as amended, and the safe-harbor provisions of
the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements are based on the current beliefs,
expectations and assumptions of Ceragon's management about
Ceragon's business, financial condition, results of operations,
micro and macro market trends and other issues addressed or
reflected therein. Examples of forward-looking statements include:
projections of demand, revenues, net income, gross margin, capital
expenditures and liquidity, competitive pressures, order timing,
growth prospects, product development, financial resources, cost
savings and other financial matters. You may identify these and
other forward-looking statements by the use of words such as "may",
"plans", "anticipates", "believes", "estimates", "targets",
"expects", "intends", "potential" or the negative of such terms, or
other comparable terminology. These forward-looking statements are
subject to risks and uncertainties that may cause actual results to
differ materially, including the risk of a disruption to our and
our customers' business related to the outbreak of the novel
coronavirus (COVID-19) pandemic ("Coronavirus"); the risk of
Macro-Economic downturn and slowdown of development and significant
decline of business that can harm our and our customers' ability to
conduct or further develop our/their business, including,
cancellation, suspension or reduction in the investment in new
equipment purchase, postponement or cancellation of rollout of
wireless networks, postponement in the transition to 5G
technologies and in the introduction of new products and
capabilities, inability to deliver and perform under our contracts,
disruption to our supply chain and production capacity, adverse
effect on our and our customers' financial performance, cashflow,
revenue and financial results, available cash and financing, and
our ability to bill and collect amounts due from our customers;
the risks relating to the concentration of a significant
portion of Ceragon's expected business in certain countries and
particularly in India, where a
small number of customers are expected to represent a significant
portion of our revenues, including the risks of deviations from our
expectations of timing and size of orders from these customers; the
risk that the current slowdown in revenue from India could extend for a longer period than
anticipated; the risk of delays in converting design wins
into revenue as well as the expected revenue growth; risks
associated with any failure to meet our product development
timetable and specifications, and to maintain our technological
advantage over our competitors; risks associated with any failure
to effectively compete with other wireless equipment providers; the
risk that the rollout of 5G services could take longer or
differently than anticipated; and other risks and uncertainties
detailed from time to time in Ceragon's Annual Report on Form 20-F,
Item 3, under the caption "Risk Factors", and Ceragon's other
filings with the Securities and Exchange Commission, that represent
our views only as of the date they are made and should not be
relied upon as representing our views as of any subsequent date.
Such forward-looking statements do not purport to be predictions of
future events or circumstances, and therefore, there can be no
assurance that any forward-looking statement contained in our
announcements, presentations, or commentary will prove to be
accurate. We do not assume any obligation to update any
forward-looking statements.
Media Contact:
Tanya Solomon
Ceragon Networks
Tel: +972-3-543-1163
tanyas@ceragon.com
Investor Contact:
Osi Sessler
Ceragon Networks
Tel. +972-3-543-1047
investor@ceragon.com
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SOURCE Ceragon Networks Ltd