Cambium Networks Corp expected to post a loss of 15 cents a share - Earnings Preview

Reuters
03-11
<a href="https://laohu8.com/S/CMBM">Cambium Networks</a> Corp <cmbm.oq> expected to post a loss of 15 cents a share - Earnings Preview </cmbm.oq>
  • Cambium Networks Corp CMBM.OQ CMBM.O is expected to show a rise in quarterly revenue when it reports results on March 12 (estimated) for the period ending December 31 2024

  • The Rolling Meadows Illinois-based company is expected to report a 7.0% increase in revenue to $43.029 million from $40.21 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.The company's guidance on November 7 2024, for the period ended December 31, was for revenue between 40.00 million and 45.00 million.

  • ​LSEG's mean analyst estimate for Cambium Networks Corp is for a loss of 15 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Cambium Networks Corp is $3.00​, above​ its last closing price of $0.68. ​​​

The company's guidance on November 7 2024 for the period ended December 31 was for Earnings before Interest and Taxes between -5 million and -3 million.The company's guidance on November 7 2024 for the period ended December 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of between 40 million and -1 million ().The company's guidance on November 7 2024 for the period ended December 31 was for gross profit margin between 42.5% and 44.5%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

-0.17

-0.17

-0.14

Beat

17.3

Jun. 30 2024

-0.21

-0.21

-0.25

Missed

-17.9

Mar. 31 2024

-0.23

-0.23

-0.46

Missed

-95.7​

Dec. 31 2023

-0.42

-0.39

-0.95

Missed

-144.5

​​Sep. 30 2023

-0.12

-0.09

-0.44

Missed

-410.8

Jun. 30 2023

0.22

0.21

0.03

Missed

-86​

Mar. 31 2023

0.20

0.20

0.24

Beat

22

Dec. 31 2022

0.25

0.25

0.36

Beat

41.6

This summary was machine generated March 10 at 20:47 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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