Title:

Ceragon Networks Ltd Q4 2006 Earnings Conference Call Transcript

Price:$54.00
Publication Date:Feb 05, 2007
Source:Thomson StreetEvents
Company:Ceragon Networks Ltd
Report Type:Transcript
Abstract:Final Transcript of CRNT earnings conference call or presentation, 5-Feb-07 9:00am ET
Brief Excerpt:... - Ceragon Networks Ltd - President, CEO Thank you for joining us today. With me on the call is Tali Idan, our CFO. We are very pleased with our fourth quarter performance. A strong finish to an excellent year. We reported record revenues of of $##.# million. We also reported record net income excluding the impact of one-time charge. For the year, revenue grew ##%, and we crossed the ### million revenue mark for the first time. As an interesting note, also our three year compound annual growth rate has been ##% as well. Our objective was to grow profits at the present rate of revenue and we were successful. Our non-GAAP net income grew ##% year-over-year and our objective is to continue the trend with a high level of top line growth and with net income continuing to grow faster than revenue. Moving us toward our growth of ##% net profit margin. Our excellent results related directly to the achievement of several strategic objectives we set for ourselves for the year. Our first objective,...
Word Count:8493
Length:20 Pages
Ticker:CRNT
Time:9:00am ET
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