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Ceragon Networks Ltd. (CRNT) Broke Out To A 6-Month High On Q4 Results

Ceragon Networks Ltd. (CRNT) reported fourth quarter non-GAAP EPS of $0.05 Monday morning, down from $0.07 a year ago. Street expectations were for EPS of $0.04.

Ceragon Networks gapped open higher Monday and advanced further in the afternoon. Shares finished up by 0.40 at $2.49. The stock broke out to over a 6-month high.

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