shareholdersunite.com

Opportunities in smallcaps

shareholdersunite.com header image 2

Ceragon’s Recovery Will Only Happen In H2 2020

November 8th, 2019 · No Comments

  • The company is supposed to be a big beneficiary from the 5G network build-out, but this is happening much slower than hoped, especially in its largest market, India.
  • As a result, revenues came in very soft, and a meaningful recovery isn’t expected before H2.
  • So, it looks like dead money for a while. But the shares are cheap, and new orders – which are likely – might still move the needle.

Source: Ceragon’s Recovery Will Only Happen In H2 2020 – Ceragon Networks Ltd. (NASDAQ:CRNT) | Seeking Alpha

Tags: CRNT