Cambium Networks Corp CMBM.OQ CMBM.O is expected to show a rise in quarterly revenue when it reports results on March 7 (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 $0.81.
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 5 at 21:04 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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