Ceragon Networks Ltd. reported third quarter 2025 revenues of $85.5 million. GAAP operating income was $3.8 million, with non-GAAP operating income at $5.3 million. The company recorded GAAP net income of $0.0 million, or $0.00 per diluted share, compared to $12.2 million and $0.14 per diluted share in Q3 2024. Non-GAAP net income was $1.7 million, or $0.02 per diluted share. Gross margin on a non-GAAP basis was 35.0%. Cash and cash equivalents stood at $43.0 million as of September 30, 2025, up from $35.3 million at the end of 2024. Revenue by geography in Q3 2025 was 41% from North America, 29% from India, 12% from EMEA, and 9% each from Latin America and APAC. The company expects full-year 2025 revenue of approximately $340 million, with anticipated non-GAAP profit and positive cash flow. Business developments included record quarterly revenue in North America and improved visibility in key markets.