Cambium (CMBM) Q2 Loss Wider Than Expected on Lower Revenues [Yahoo! Finance]
Cambium Networks Corporation - Ordinary Shares (CMBM)
Last cambium networks corporation - ordinary shares earnings: 2/10 04:01 pm
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Source: Yahoo! Finance
Cambium Networks Corporation CMBM reported soft second-quarter 2024 results, with the top and bottom lines missing the respective Zacks Consensus Estimate. The leading wireless solutions provider recorded a year-over-year revenue contraction due to a decline in net sales, high inventory levels and macroeconomic headwinds. High incentives and discounts to distributors also hurt revenues. Net Income On a GAAP basis, the company reported a net loss of $9.1 million or a loss of 33 cents per share compared with a net loss of $2.6 million or a loss of 10 cents per share a year ago. The downturn was primarily attributable to a significant revenue decline. Non-GAAP net loss was $7.1 million or a loss of 25 cents per share against a net income of $0.9 million or 3 cents per share in the year-ago quarter. The bottom line was wider than the Zacks Consensus Estimate of a loss of 21 cents. Cambium Networks Corporation Price, Consensus and EPS Surprise Cambium Networks Corporation price-
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News
- CMBM Q3 Loss Narrower Than Expected on Solid Enterprise Revenue Growth [Yahoo! Finance]Yahoo! Finance
- Cambium Networks Corp (CMBM) Q3 2024 Earnings Call Highlights: Navigating Market Challenges ... [Yahoo! Finance]Yahoo! Finance
- Cambium (CMBM) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates [Yahoo! Finance]Yahoo! Finance
- Cambium Networks Non-GAAP EPS of -$0.14 beats by $0.03, revenue of $43.7M misses by $1.61M [Seeking Alpha]Seeking Alpha
- Cambium Networks Reports Third Quarter 2024 Financial ResultsPR Newswire
CMBM
Earnings
- 11/7/24 - Beat
CMBM
Sec Filings
- 11/7/24 - Form 8-K
- 8/27/24 - Form 8-K
- 8/27/24 - Form 4
- CMBM's page on the SEC website