Cambium Networks Corp (CMBM) Q3 2024 Earnings Call Highlights: Navigating Market Challenges ... [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
Non-GAAP Gross Margin: Improved to 42.3% from 33.5% in Q2. Free Cash Flow: Positive $5.2 million in Q3 2024. Cash Balance: $46.5 million as of September 30, 2024. Non-GAAP Net Loss: $3.8 million or a loss of 14 cents per diluted share. Adjusted EBITDA: Loss of $2.3 million, improved from a loss of $6.7 million in Q2. Net Inventories: Decreased by $7 million to $43 million in Q3 2024. Q4 2024 Revenue Outlook: Between $40 million and $45 million. Q4 2024 Non-GAAP Gross Margin Outlook: Between 42.5% to 44.5%. Warning! GuruFocus has detected 5 Warning Signs with CMBM. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Revenues for Q3 2024 were within the outlook range, showing resilience amidst market challenges. Enterprise business revenues grew by 34% sequentially, indicating strong demand across all geographies. Non-GAAP gross margin improved to 42.3%, reflecting better inventory
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CMBM
News
- Cambium Networks Co. (NASDAQ: CMBM) had its price target lowered by analysts at Northland Securities from $5.00 to $3.00. They now have an "outperform" rating on the stock.MarketBeat
- Why Cambium (CMBM) International Revenue Trends Deserve Your Attention [Yahoo! Finance]Yahoo! Finance
- Cambium Networks Third Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- CMBM Q3 Loss Narrower Than Expected on Solid Enterprise Revenue Growth [Yahoo! Finance]Yahoo! Finance
- Cambium (CMBM) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates [Yahoo! Finance]Yahoo! Finance
CMBM
Earnings
- 11/7/24 - Beat
CMBM
Sec Filings
- 12/4/24 - Form 4
- 12/2/24 - Form 144
- 11/29/24 - Form 3
- CMBM's page on the SEC website