Ceragon Networks Ltd. · NASDAQ:CRNT
Ceragon Networks — Q3 2024 Earnings Presentation
9 slides from Ceragon Networks's earnings presentation, Nov 13, 2024
Slide 1: Q3 2024 Financial Review
Q3 2024 Financial Review November 2024 November 2024
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Ceragon Networks Ltd. (“Ceragon” or the “Company”) for informational purposes only. This presentation and the information contained herein are proprietary to the Company and may not be reproduced (in whole or in part) nor summarized, used, distribute
Slide 3: Revenues - Geographic Split
Revenues- Geographic Split Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 Q1/23 Q2/23 Q3/23 Q4/23 Q1/24 Q2/24 Q3/24 India 35% 30% 22% 31% 28% 29% 24% 31% 34% 34% 29% 37% 49% North America 14% 16% 19% 21% 27% 23% 32% 26% 26% 27% 33% 24% 24% EMEA 21% 23% 25% 21% 18% 20% 20% 17% 15% 19% 17% 20% 14% Latin America
Slide 4: NON-GAAP Profit & Loss
NON-GAAP Profit & Loss Actual (Unaudited) Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 Q1/23 Q2/23 Q3/23 Q4/23 Q1/24 Q2/24 Q3/24 Revenues 76,115 77,760 70,319 70,674 78,649 75,531 83,409 86,151 87,260 90,359 88,498 96,088 102,672 Cost of Revenues 52,509 55,199 50,850 49,142 50,699 50,551 55,053 55,747 56,844
Slide 5: Selected Cash Flow Data
Selected Cash Flow Data (U.S. dollars in thousands) Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 Q1/23 Q2/23 Q3/23 Q4/23 Q1/24 Q2/24 Q3/24 Total cash & cash equivalents 27,235 17,079 24,960 23,592 25,964 22,948 26,423 24,529 33,966 28,237 28,783 26,303 34,014 Cash flow from operations (667) (9,740) (1,816) (
Slide 6: Selected Balance Sheet Data
Selected Balance Sheet Data (U.S. dollars in thousands) Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 Q1/23 Q2/23 Q3/23 Q4/23 Q1/24 Q2/24 Q3/24 Cash and Cash Equivalents 27,235 17,079 24,960 23,592 25,964 22,948 26,423 24,529 33,966 28,237 28,783 26,303 34,014 Trade Receivables 109,863 118,310 120,682 122,734
Slide 7: Reported results – Reconciliation to GAAP
Reported results – Reconciliation to GAAP (U.S. dollars in thousands) Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 Q1/23 Q2/23 Q3/23 Q4/23 Q1/24 Q2/24 Q3/24 Non GAAP Net income (loss) 1,351 (2,027) (1,853) (2,468) 4,124 (12,527) 3,633 4,400 4,964 3,742 4,743 9,936 14,053 Stock based compensation expenses 1,0
Slide 8: Quarterly Revenues and Non-GAAP Net Income (Loss)
Quarterly Revenues and Non-GAAP Net Income (Loss) Revenues 120.0 102.7 100.0 96.1 87.3 90.4 88.5 83.4 86.2 76.1 77.8 78.6 75.5 80.0 70.3 70.7 60.0 40.0 20.0 0.0 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 Q1.23 Q2.23 Q3.23 Q4.23 Q1.24 Q2.24 Q3.24 Non-GAAP Net Income (loss) 20.0 14.1 15.0 9.9 10.0 4.1 4.4 5.
Slide 9: Thank You
Dy | Thank You