Ceragon Networks Ltd 6-K, filed Apr 13, 2020
Ceragon Networks Ltd (CRNT)
6-K
2020-04-13
For: 2020-04-13
View Original
Added on
April 11, 2026
About this 6-K
Ceragon Networks Ltd filed this 6-K on April 13, 2020.
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
Washington, D. C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of April 13, 2020
Commission File Number: 0-30862
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CERAGON NETWORKS LTD.
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24 Raoul Wallenberg Street, Tel Aviv 69719, Israel
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Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): _____
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): _____
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
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CERAGON NETWORKS LTD.
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Date: April 13, 2020
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By: /s/ Ran Vered
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Name: Ran Vered
Title: Chief Financial Officer |
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Exhibit Description
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2
Exhibit 99.1
Ceragon Networks® First Quarter 2020 Financial Results Scheduled for Release on May 4, 2020
April 13, 2020
CERAGON NETWORKS® FIRST QUARTER 2020 FINANCIAL RESULTS SCHEDULED FOR RELEASE ON MAY 4, 2020
Little Falls, New Jersey, April 13, 2020 - Ceragon Networks Ltd. (NASDAQ: CRNT), the #1 wireless hauling specialist, today is providing details of the conference call for its first quarter 2020 financial results. The Company will issue a press release announcing its results during pre-market
hours on May 4, 2020.
A conference call will follow beginning at 9:00 a.m. EST. Investors are invited to join the company’s teleconference by calling (USA) (844)
291-6360 or international +1 (234) 720-6993 and using the following access code: 6063623.
Investors can also listen to the call live via the Internet by accessing Ceragon Networks’ website on the webcasts page in the section for
investors: www.ceragon.com/investors/webcasts/ selecting the webcast link, and following the registration instructions.
If you are unable to join us live, the replay numbers are: (USA) (866) 207-1041 (International) +1 (402) 970-0847, with access code: 8883765. This audio replay will be available through June 4, 2020.
About Ceragon Networks Ltd.
Ceragon Networks Ltd. (NASDAQ: CRNT) is the #1
wireless hauling specialist. We help operators and other service providers worldwide increase operational efficiency and enhance end customers’ quality of experience with innovative wireless backhaul and fronthaul solutions. Our customers include
wireless service providers, public safety organizations, government agencies and utility companies, which use our solutions to deliver 5G & 4G, mission-critical multimedia services and other applications at high reliability and speed.
Ceragon’s unique multicore technology and disaggregated approach to wireless hauling provides highly reliable, fast to deploy,
high-capacity wireless hauling for 5G and 4G networks with minimal use of spectrum, power and other resources. It enables increased productivity, as well as simple and quick network modernization, positioning Ceragon as a leading solutions provider
for the 5G era. We deliver a range of professional services that ensure efficient network rollout and optimization to achieve the highest value for our customers. Our solutions are deployed by more than 460 service providers, as well as hundreds of
private network owners, in more than 130 countries.
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Join the discussion
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Safe Harbor
Ceragon Networks® and FibeAir® are registered trademarks of Ceragon Networks Ltd. in the United States and other
countries. CERAGON ® is a trademark of Ceragon Networks Ltd., registered in various countries. Other names mentioned are owned by their respective holders.
This press release contains statements
concerning Ceragon's future prospects that are "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended, and the safe-harbor provisions of the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements are based on the current beliefs, expectations and assumptions of Ceragon's management about
Ceragon’s business, financial condition, results of operations, micro and macro market trends and other issues addressed or reflected therein.
Examples of forward-looking statements include: projections of demand, revenues, net income, gross margin, capital expenditures and liquidity, competitive pressures, order timing, growth prospects, product development, financial resources, cost
savings and other financial matters. You may identify these and other forward-looking statements by the use of words such as "may", "plans", "anticipates",
"believes", "estimates", "targets", "expects", "intends", "potential" or the negative of such terms, or other comparable terminology. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ
materially, including the risk of a disruption to our and our customers’ business related to the outbreak of the novel coronavirus (COVID-19)
pandemic (“Coronavirus”); the risk of Macro-Economic downturn and slowdown of development and significant decline of business that can harm our and our customers’ ability to conduct or further develop our/their business, including, cancellation,
suspension or reduction in the investment in new equipment purchase, postponement or cancellation of rollout of wireless networks, postponement in the transition to 5G technologies and in the introduction of new products and capabilities, inability
to deliver and perform under our contracts, disruption to our supply chain and production capacity, adverse effect on our and our customers’ financial performance, cashflow, revenue and financial results, available cash and financing, and our
ability to bill and collect amounts due from our customers; the risks relating to the concentration of a significant portion of Ceragon's expected business in certain countries and particularly in India, where a small number of customers are
expected to represent a significant portion of our revenues, including the risks of deviations from our expectations of timing and size of orders from these customers; the risk that the current slowdown in revenue from India could extend for a
longer period than anticipated; the risk of delays in converting design wins into revenue as well as the expected revenue growth; risks
associated with any failure to meet our product development timetable and specifications, and to maintain our technological advantage over our competitors; risks associated with any failure to effectively compete with other wireless equipment
providers; the risk that the rollout of 5G services could take longer or differently than anticipated; and other risks and uncertainties detailed from time to time in Ceragon's Annual Report on Form 20-F, Item 3, under the caption “Risk Factors”,
and Ceragon's other filings with the Securities and Exchange Commission, that represent our views only as of the date they are made and should not be relied upon as representing our views as of any subsequent date. Such forward-looking statements
do not purport to be predictions of future events or circumstances, and therefore, there can be no assurance that any forward-looking statement contained in our announcements, presentations, or commentary will prove to be accurate. We do not assume
any obligation to update any forward-looking statements.
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Media Contact:
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Investor Contact:
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Tanya Solomon
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Osi Sessler
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Ceragon Networks
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Ceragon Networks
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Tel: +972-3-543-1163
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Tel. +972-3-543-1047
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tanyas@ceragon.com
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investor@ceragon.com
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