Ceragon Networks (CRNT) said Wednesday its E2E by Ceragon unit won a $4.1 million contract from a North American oil and gas company.
Under the contract, the unit will design, build and commission an operational technology network infrastructure spanning over 100 sites that will use advanced wireless technologies to provide secure and operational communications, the company said.
Ceragon is expected to complete the project and realize revenue in the next three quarters, the company said.
Shares were down 0.7% in recent trading.
Price: 2.17, Change: -0.02, Percent Change: -0.91
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