Ceragon Networks Ltd. provided revenue guidance for the full year of 2024. Revenue of $385 million to $405 million, representing growth at the midpoint of approximately 14% compared to expected 2023 levels. This guidance includes the contribution from Siklu, which was acquired in December 2023.

The company now expected to reach long-term target of $500 million in annual revenue in 2026, a year earlier than we previously expected, with solid margin expansion and continued profitability.