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abh3vt

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abh3vt

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Thursday, 01/11/2024 7:51:51 AM

Thursday, January 11, 2024 7:51:51 AM

Post# of 112723
CRNT. Announced a huge new contract win this AM. 150MM over an 8 quarter period beginning in Q2 2024. That would add approx 15-17% additional revenue per quarter (based on most recent quarter) once it starts to kick in. Before any other new or existing business.

https://seekingalpha.com/pr/19588250-ceragon-signs-agreement-global-integrator-valued-approximately-150-million-to-modernize-tier

Stock is still cheap on a forward eps basis. Perhaps this also expands the potential forward multiple as well?
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