Ceragon Q2 revenue beats estimates on India demand

Ceragon said preliminary second-quarter revenue rose 14% year over year, beating analyst expectations, as sequentially higher revenue and strong bookings in India drove growth, with notable interest in E-band solutions.

Adjusted EPS for the quarter was $0.02.

The company updated its 2026 outlook, saying it now sees revenue between $355 million and $385 million.

Ceragon expects 2026 non-GAAP gross margin of 33.5% to 34.5%, down from 35.5% previously, and non-GAAP operating margin of 5% to 6%, down from 6.5% to 7.5% previously.

The company said record quarterly bookings in North American private networks supported results, while momentum from private networks and managed services contributed alongside traditional carrier business, according to CEO Doron Arazi.