 Ceragon Networks Ltd. CRNT warned that first-quarter revenues would be impacted by delays in the pace of network rollouts and shipments, as many countries around the world have entered into lockdowns to contain the fast spread of the coronavirus pandemic.Furthermore, the wireless backhaul company said it also expects deliveries in the second quarter to be negatively impacted due to the movement restrictions implemented by global governments. In the first quarter, Ceragon sees revenue to be in the range of 55.5 million to 57 million, which is below the consensus of 64 million.Our customers are doing everything they can these days in order to increase network capacity and support the sudden surge in network traffic emerging from the COVID-19 pandemic, said Ceragons President and CEO Ira Palti. Our main objective is to help our customers scale up faster than ever.At the same time, Ceragon reported that demand during the first quarter was much stronger than anticipated, especially towards the end of the quarter, with a high book-to-bill ratio of well above 1. The company believes that strong demand for its products and services will continue during 2020.The need for increased network capacity from cell sites to the network core will remain long after the current crisis is resolved and will fuel the transition to 5G, with Ceragons flexible wireless hauling solutions playing a leading role in this transition in 2020, Palti said.The two Wall Street analysts covering Ceragon in the last three months have a Hold rating on the company. George Iwanyc at Oppenheimer has a 3.50 price target on the stock, which represents 126 upside potential in the next 12 months. See Ceragons stock analysis on TipRanks Related News: 3 Strong Buy Penny Stocks With Over 50 Upside Potential Varonis Scraps 2020 Outlook, Reports Preliminary Q1 Revenue Below Estimates Due to Coronavirus Crisis Tactile Systems Pre-Releases 1Q; Pulls FY20 Guidance on Covid-19 More recent articles from Smarter Analyst: 3 Strong Buy Biotech Stocks with FDA Approvals on the Horizon Boeing Shares Spike 15 on Plans to Resume Production Next Week AMC to Raise 500 Million in Debt Offer to Boost Cash Coffers; Shares Soar 31 Twitter Loses Six-Year U.S. Legal Battle Over Surveillance Secrecy Disclosure 