Cambium Networks(CMBM)
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Looking for a Growth Stock? 3 Reasons Why Cambium (CMBM) is a Solid Choice
ZACKS· 2025-01-08 18:45
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the task of finding cutting-edge growth ...
Cambium Networks(CMBM) - 2024 Q3 - Quarterly Report
2024-11-12 21:12
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Ordinary shares, $0.0001 par value CMBM Nasdaq Global Market FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from Commission File ...
Why Cambium (CMBM) International Revenue Trends Deserve Your Attention
ZACKS· 2024-11-11 15:20
Have you evaluated the performance of Cambium's (CMBM) international operations for the quarter ending September 2024? Given the extensive global presence of this company, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth.In the current era of a tightly interconnected global economy, the proficiency of a company to penetrate international markets significantly influences its financial health and trajectory of growth. For investors, ...
Cambium Networks(CMBM) - 2024 Q3 - Earnings Call Transcript
2024-11-09 18:25
Cambium Networks Corporation (NASDAQ:CMBM) Q3 2024 Results Conference Call November 7, 2024 4:30 PM ET Company Participants Morgan Kurk - President and CEO Jacob Sayer - CFO Conference Call Participants John Roy - Water Tower Research Operator Good day, and thank you for standing by. Welcome to the Cambium Networks Third Quarter 2024 Financial Results Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Ope ...
CMBM Q3 Loss Narrower Than Expected on Solid Enterprise Revenue Growth
ZACKS· 2024-11-08 16:45
Cambium Networks Corporation (CMBM) reported mixed third-quarter 2024 results, with the bottom line beating the Zacks Consensus Estimate but the top line missing the same. 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. ...
Cambium (CMBM) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-11-08 00:30
For the quarter ended September 2024, Cambium (CMBM) reported revenue of $43.73 million, up 1.6% over the same period last year. EPS came in at -$0.14, compared to -$0.44 in the year-ago quarter.The reported revenue represents a surprise of -3.47% over the Zacks Consensus Estimate of $45.3 million. With the consensus EPS estimate being -$0.17, the EPS surprise was +17.65%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street e ...
Cambium (CMBM) Reports Q3 Loss, Lags Revenue Estimates
ZACKS· 2024-11-07 23:21
Cambium (CMBM) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to loss of $0.44 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 17.65%. A quarter ago, it was expected that this company would post a loss of $0.21 per share when it actually produced a loss of $0.25, delivering a surprise of -19.05%.Over the last four quarters, the company has surpassed conse ...
Cambium Networks(CMBM) - 2024 Q3 - Quarterly Results
2024-11-07 21:10
Exhibit 99.1 Cambium Networks Reports Third Quarter 2024 Financial Results • Revenues of $43.7 million decreased 5% sequentially • Gross margin of 39.9% and non-GAAP(1) gross margin of 42.3%, both higher sequentially • Operating loss of $8.1 million, non-GAAP(1) operating loss of $3.6 million • Net loss of $9.7 million or a loss of $0.34 per diluted share; non-GAAP(1) net loss of $3.8 million or a loss of $0.14 per diluted share • Net cash provided by operating activities of $8.9 million; $46.5 million cash ...
Cambium Networks Reports Third Quarter 2024 Financial Results
Prnewswire· 2024-11-07 21:00
Revenues of $43.7 million decreased 5% sequentially Gross margin of 39.9% and non-GAAP(1) gross margin of 42.3%, both higher sequentially Operating loss of $8.1 million, non-GAAP(1) operating loss of $3.6 million Net loss of $9.7 million or a loss of $0.34 per diluted share; non-GAAP(1) net loss of $3.8 million or a loss of $0.14 per diluted share Net cash provided by operating activities of $8.9 million; $46.5 million cash on the balance sheet Adjusted EBITDA(1) loss of $2.3 million or (5.3)% of revenues, ...
Cambium Networks Corporation Announces Third Quarter 2024 Reporting Date
Prnewswire· 2024-10-28 11:00
HOFFMAN ESTATES, Ill., Oct. 28, 2024 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless networking infrastructure solutions, today announced that it plans to report financial results for the third quarter 2024 ended September 30, 2024, on Thursday, November 7, 2024. Conference Call and Webcast Cambium Networks will host a live webcast and conference call to discuss its financial results and Q&A at 4:30 p.m. EDT, on Thursday, November 7, 2024, wit ...