“We expect continued double-digit growth, reflecting expansion of our addressable market and further penetration into the private network ecosystem, in 2024,” commented Doron Arazi, Ceragon CEO. “The integration of Siklu is well underway, and we expect the strategic benefits of this acquisition to bolster our competitive position with the higher growing portions of our addressable market, especially private network operators in general and in North America in particular. We now expect to reach our long-term target of $500M in annual revenue in 2026, a year earlier than we previously expected, with solid margin expansion and continued profitability.”
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