Ceragon Networks Ltd.
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Ceragon Networks Ltd.'s past years’ income statements indicate that its last revenue has increased compared to the previous period by 18% to $347,179,000. The net income raised on $6,220,000 and profit margin reached 2%. Total operating expenses were $98,659,000.

Profit Margin

Ceragon Networks Ltd. (NASDAQ:CRNT): Profit margin
2014 371.11M -76.47M -20.61%
2015 349.43M 1.01M 0.29%
2016 293.64M 11.42M 3.89%
2017 332.03M 15.56M 4.69%
2018 343.87M 23.04M 6.7%
2019 285.58M -1.69M -0.59%
2020 262.88M -16.11M -6.13%
2021 290.76M -14.82M -5.1%
2022 295.17M -7.39M -2.51%
2023 347.17M 6.22M 1.79%

CRNT Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
347.17M295.17M290.76M262.88M285.58M343.87M332.03M293.64M349.43M371.11M
Cost of revenue
227.31M202.11M202.38M187.23M188.74M227.70M224.69M194.47M246.48M283.64M
Gross profit
119.86M93.06M88.37M75.64M96.84M116.16M107.33M99.16M102.94M87.46M
Operating exp.
Research and development
32.27M29.69M29.47M30.99M26.79M28.18M25.70M21.69M22.93M35.00M
Selling and marketing
40.57M35.79M33.50M33.02M39.46M42.96M41.65M39.51M40.81M56.05M
Total operating expenses
98.65M91.71M83.57M83.21M89.54M90.02M84.18M79.66M80.13M112.68M
Operating income
21.21M1.35M4.80M-7.57M7.30M26.14M23.14M19.49M21.59M-32.03M
Other income (expenses), net
-8.46M-6.30M-8.62M-5.92M-6.52M-1.86M-5.88M-2.75M-14.73M-37.94M
Income before tax
12.74M-4.95M-3.81M-13.49M781K19.79M17.25M13.19M6.85M-69.97M
Income tax expense
6.52M2.44M11.00M2.61M2.47M-3.25M1.69M1.76M5.84M6.50M
Net income
6.22M-7.39M-14.82M-16.11M-1.69M23.04M15.56M11.42M1.01M-76.47M
Earnings per share
Basic EPS
0.07-0.08-0.18-0.2-0.020.290.20.150.01-1.22
Diluted EPS
0.07-0.08-0.18-0.2-0.020.280.190.150.01-1.22
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