CMBM Q3 Loss Narrower Than Expected on Solid Enterprise Revenue Growth [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
The leading wireless solutions provider recorded year-over-year marginal revenue growth due to strength in the Enterprise segment. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar Lower Point-to-Point revenues due to weakness in defense vertical affected the top line. Healthy growth in free cash flow was a positive. On a GAAP basis, the company reported a net loss of $9.7 million or 34 cents per share compared with a net loss of $26.2 million or 95 cents per share a year ago. Lower operating expenses and top-line improvement led to the narrower loss. Non-GAAP net loss was $3.8 million or 14 cents per share compared with a net loss of $12 million or 44 cents per share in the year-ago quarter. The bottom line was narrower than the Zacks Consensus Estimate of a loss of 17 cents per share. Cambium Networks Corporation price-consensus-eps-surprise-chart | Cambium Networks Corporation Quote Quarterly net sales improved marginally to $43.7 million from $43
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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
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- Cambium Networks Third Quarter 2024 Earnings: Misses Expectations [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
CMBM
Earnings
- 11/7/24 - Beat
CMBM
Sec Filings
- 11/14/24 - Form 8-K
- 11/12/24 - Form SC
- 11/12/24 - Form 10-Q
- CMBM's page on the SEC website