Ceragon Networks Ltd.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $332.0M | $293.6M | $349.4M | $371.1M | $361.8M | $446.7M | $445.3M | $249.9M |
| Cost of Revenue | $224.7M | $194.5M | $246.5M | $286.7M | $249.5M | $308.4M | $323.2M | $160.5M |
| Gross Profit | $107.3M | $99.2M | $102.9M | $84.4M | $112.2M | $138.3M | $122.1M | $89.4M |
| Gross Margin | 32.3% | 33.8% | 29.5% | 22.8% | 31.0% | 31.0% | 27.4% | 35.8% |
| Operating Expenses | ||||||||
| Research & Development | $25.7M | $21.7M | $22.9M | $35.0M | $43.0M | $47.5M | $50.5M | $25.1M |
| SG&A Expense | $16.8M | $20.4M | $21.2M | $23.7M | $26.8M | $27.5M | $26.5M | $12.3M |
| Operating Income | $23.1M | $19.5M | $21.6M | $-32.0M | $-26.9M | $-18.6M | $-49.4M | $14.0M |
| Operating Margin | 7.0% | 6.6% | 6.2% | -8.6% | -7.4% | -4.2% | -11.1% | 5.6% |
| Interest Expense | $4.8M | $3.8M | $5.9M | $7.7M | $5.3M | $3.9M | $3.4M | $495.0K |
| Pretax Income | $17.3M | $13.2M | $6.9M | $-70.0M | $-40.9M | $-22.2M | $-51.4M | $15.2M |
| Income Tax Expense | $1.7M | $1.8M | $5.8M | $6.5M | $6.5M | $1.2M | $2.3M | $1.2M |
| Net Income | $15.6M | $11.4M | $1.0M | $-76.5M | $-47.5M | $-23.4M | $-53.7M | $14.1M |
| Net Margin | 4.7% | 3.9% | 0.3% | -20.6% | -13.1% | -5.2% | -12.0% | 5.6% |
| EPS (Basic) | $0.20 | $0.15 | $0.01 | $-1.22 | $-1.23 | $-0.64 | $-1.49 | $0.40 |
| EPS (Diluted) | $0.19 | $0.15 | $0.01 | $-1.22 | $-1.23 | $-0.64 | $-1.49 | $0.38 |
| Shares Outstanding (Basic) | 77.9M | 77.7M | 77.2M | 62.5M | 38.5M | 36.5M | 36.0M | 34.9M |
| Shares Outstanding (Diluted) | 79.9M | 78.6M | 77.3M | 62.5M | 38.5M | 36.5M | 36.0M | 36.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |