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Income Statement (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 103M | 6.9% |
| Gross Profit | 35M | 4.8% |
| Cost of Revenue | 68M | 7.9% |
| Operating expense | 20M | 8% |
| Net Income | 12M | 56% |
| EBITDA | 18M | 23.9% |
Balance Sheet (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 317M | 6.1% |
| Total Liabilities | 160M | 2.9% |
| Total Equity | 157M | 9.5% |
| Shares Outstanding | 88M | 0.5% |
Cash Flow (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 14M | 184.5% |
| Cash from financing | -3M | 69% |
EPS
Financial Highlights for Ceragon Networks in Q3 '24
Ceragon Networks reported a revenue of 103M, which is a 6.9% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 35M, marking a 4.8% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 68M, a 7.9% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 20M, showing a -8% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 12M, showing a 56% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 18M, showing a 23.9% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Ceragon Networks with growth in revenue, gross profit, and net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures.
