Ceragon Networks Ltd.

(NASDAQ:CRNT)

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Quarterly Data
Annual Data
Note: All numbers in thousands

	Mar 31, 2008	Dec 31, 2007	Sep 30, 2007
Operating revenue
Total Revenue	47,176	46,145	44,470
Operating Revenue	47,176	46,145	44,470
Adjustments To Revenue	—	—	—
Cost Of Sales	30,123	29,072	28,165
Cost Of Sales With Depreciation	30,515	29,454	28,490
Gross Operating Profit	17,053	17,073	16,305
Operating Expenses
Research And Development Expenses	4,819	4,373	4,134
Selling General And Administrative Expenses	8,387	8,746	8,276
Advertising Expenses	—	—	—
Operating Income Before Depreciation	3,847	3,954	3,895
Operating Income	3,455	3,572	3,570
Depreciation	392	382	325
Depreciation Unreconciled	—	—	—
Amortization	—	—	—
Amortization Of Intangibles	—	—	—
Operating Income After Depreciation	3,455	3,572	3,570
Non Operating Expenses
Interest Expense	—	731	—
Pre Tax Income	4,273	4,428	3,674
Income Taxes	—	—	—
Minority Interest	—	—	—
Income Before Income Taxes	—	—	—
Net Income From Continuing Operations	4,273	4,428	3,674
Net Income From Discontinued Operations	—	—	—
Net Income From Total Operations	4,273	4,428	3,674
Non Recurring Events
Extraordinary Income Losses	—	—	—
Income From Cummulated Effect Of Accounting Changes	—	—	—
Income From Tax Loss Carryforward	—	—	—
Other Gains And Losses	—	—	—
Total Net Income	4,273	4,428	3,674
Normalized Income	4,273	4,428	3,674
NetIncome Available For Common	4,273	4,428	3,674
Preferred Dividends	—	—	—
Excise Taxes	—	—	—

	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005	Dec 31, 2004
Operating revenue
Total Revenue	161,888	108,415	73,777	54,831
Operating Revenue	161,888	108,415	73,777	54,831
Adjustments To Revenue	—	—	—	—
Cost Of Sales	102,064	79,582	51,353	31,358
Cost Of Sales With Depreciation	103,406	80,776	52,487	32,191
Gross Operating Profit	59,824	28,833	22,424	23,473
Operating Expenses
Research And Development Expenses	15,457	11,793	8,961	7,393
Selling General And Administrative Expenses	30,621	22,637	16,829	14,074
Advertising Expenses	—	—	—	—
Operating Income Before Depreciation	13,746	-5,597	-3,366	2,006
Operating Income	11,954	-6,791	-4,500	799
Depreciation	1,342	1,194	1,134	1,207
Depreciation Unreconciled	—	—	—	—
Amortization	—	—	—	374
Amortization Of Intangibles	—	—	—	—
Operating Income After Depreciation	12,404	-6,791	-4,500	799
Non Operating Expenses
Interest Expense	731	71	—	—
Pre Tax Income	13,136	-5,460	-3,827	1,614
Income Taxes	—	—	—	—
Minority Interest	—	—	—	—
Income Before Income Taxes	—	—	—	—
Net Income From Continuing Operations	13,136	-5,460	-3,827	1,614
Net Income From Discontinued Operations	—	—	—	—
Net Income From Total Operations	13,136	-5,460	-3,827	1,614
Non Recurring Events
Extraordinary Income Losses	—	—	—	—
Income From Cummulated Effect Of Accounting Changes	—	—	—	—
Income From Tax Loss Carryforward	—	—	—	—
Other Gains And Losses	—	—	—	—
Total Net Income	13,136	-5,460	-3,827	1,614
Normalized Income	13,586	-5,460	-3,827	1,614
NetIncome Available For Common	13,136	-5,460	-3,827	1,614
Preferred Dividends	—	—	—	—
Excise Taxes	—	—	—	—