Ceragon Networks Ltd. Q2 2026 Earnings Recap

Ceragon's shares rose 4.7% post-earnings, reflecting investor approval of strong bookings and demand, particularly in India and private networks, which appear to exceed expectations.

Key Takeaways

• Revenue reached $93.9 million, up 14% year-over-year, supported by well-aligned new technologies and solutions.
• Bookings hit their highest first-half level in 10 years, driven largely by $120 million in orders from Indian operators focused on 4G/5G expansion and network modernization.
• North American business showed resilience with revenue slightly above expectations despite some supply chain timing shifts; private network bookings achieved a record high.
• Adoption of E-Band products continues accelerating, offering fiber-like capacity with faster deployment and lower costs.
• Management highlighted improved competitive positioning due to competitor weaknesses, expanding engagement in new markets and advanced wireless transport solutions.