Ceragon Networks Ltd. 2024 20-F Filing
Ticker: CRNT · Form: 20-F · Filed: Mar 25, 2025 · CIK: 1119769
| Field | Detail |
|---|---|
| Company | Ceragon Networks Ltd (CRNT) |
| Form Type | 20-F |
| Filed Date | Mar 25, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: annual-report, revenue, international-sales
TL;DR
Ceragon's 2024 20-F shows strong US revenue (97%), with Israel sales growing to $5.1M and a $9M collection from South America.
AI Summary
Ceragon Networks Ltd. filed its 20-F annual report for the fiscal year ending December 31, 2024. The company reported collecting $9,064 thousand from a South American customer in 2024. Revenues from sales in Israel were $5,182 thousand for 2024, an increase from $4,151 thousand in 2023 and $2,896 thousand in 2022. The majority of revenues, 97% as of December 31, 2024, are generated in the United States.
Why It Matters
This filing provides a comprehensive overview of Ceragon Networks' financial performance and operational details for the past fiscal year, offering insights into revenue sources and geographical sales distribution.
Risk Assessment
Risk Level: medium — The filing details significant revenue concentration in the United States and provides financial data that requires careful analysis to understand the company's overall financial health and future prospects.
Key Numbers
- $9.064M — South America Collections (Represents a specific collection from a customer in the region during 2024.)
- 97% — US Revenue Share (Indicates the significant reliance on the United States market for revenue as of December 31, 2024.)
- $5.182M — Israel Revenue (Shows the revenue generated from sales within Israel for the year ended December 31, 2024.)
Key Players & Entities
- Ceragon Networks Ltd. (company) — Filer of the 20-F report
- South American customer (company) — Source of $9,064 thousand in collections
- $9,064 thousand (dollar_amount) — Amount collected from a South American customer in 2024
- $5,182 thousand (dollar_amount) — Revenues from sales in Israel for 2024
- $4,151 thousand (dollar_amount) — Revenues from sales in Israel for 2023
- $2,896 thousand (dollar_amount) — Revenues from sales in Israel for 2022
- United States (location) — Primary source of revenue
FAQ
What was the total revenue for Ceragon Networks Ltd. in 2024?
The filing does not explicitly state the total revenue for 2024, but it details revenue contributions from specific regions and customer types.
What is the breakdown of revenue by geographical region for the year ended December 31, 2024?
As of December 31, 2024, 97% of revenues represent sales in the United States. Revenues from sales in Israel amounted to $5,182 thousand for the year ended December 31, 2024.
Did Ceragon Networks Ltd. collect any significant amounts from South American customers in 2024?
Yes, the company collected $9,064 thousand from a South American customer during 2024.
How have revenues from Israel changed over the past three years?
Revenues from sales in Israel were $5,182 thousand for 2024, $4,151 thousand for 2023, and $2,896 thousand for 2022, showing a consistent increase.
What are the main components included in 'Employee related' costs?
Employee related costs include employee salaries and commissions, payroll taxes, benefits, and outsourced labor costs.
Filing Details
This Form 20-F (Form 20-F) was filed with the SEC on March 25, 2025 regarding CERAGON NETWORKS LTD (CRNT).