Ceragon Networks Swings To Profit

January 28, 2008 10:48 AM |

Israel-based wireless equipment maker Ceragon Networks Ltd. (Nasdaq: CRNT) swung to a profit of 12 cents per share compared with losses of 30 cents per share in the year ago period, but investors used the news to take profits.  The stock price tumbled $1.75 to close at $8.58.

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