Ceragon Networks (Nasdaq: CRNT) reported earnings on Feb. 28. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Dec. 31 (Q4), Ceragon Networks met expectations on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue increased significantly and GAAP earnings per share contracted to a loss.

Margins dropped across the board.

Revenue details
 Ceragon Networks reported revenue of $118.5 million. The 11 analysts polled by S&P Capital IQ foresaw sales of $119.2 million on the same basis. GAAP reported sales were 77% higher than the prior-year quarter's $67.0 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 Non-GAAP EPS came in at $0.06. The 11 earnings estimates compiled by S&P Capital IQ averaged $0.06 per share on the same basis. GAAP EPS were -$0.23 for Q4 versus $0.10 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
 For the quarter, gross margin was 29.0%, 800 basis points worse than the prior-year quarter. Operating margin was -5.9%, 1,300 basis points worse than the prior-year quarter. Net margin was -6.9%, 1,260 basis points worse than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $116.5 million. On the bottom line, the average EPS estimate is $0.07.

Next year's average estimate for revenue is $500.6 million. The average EPS estimate is $0.65.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,489 members out of 1,521 rating the stock outperform, and 33 members rating it underperform. Among 347 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 345 give Ceragon Networks a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Ceragon Networks is outperform, with an average price target of $12.20.

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