Did you analyze how Cambium (CMBM) fared in its international operations for the quarter ending June 2024? Given the widespread global presence of this company, scrutinizing the trends in international revenues becomes imperative to assess its financial strength and future growth possibilities. The global economy today is deeply interlinked, making a company's engagement with international markets a critical factor in determining its financial success and growth path. It has become essential for investors t ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 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 June 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 Number: 001-38952 CAMBIUM NETWORKS CORPORATION (Exact Name of Registrant as Specified in its Charter) Cayman Islands Not Applicable (State or oth ...

Cambium Networks Corporation (CMBM) reported soft second-quarter 2024 results, with the top and bottom lines missing the respective Zacks Consensus Estimate. The leading wireless solutions provider recorded a yearover-year revenue contraction due to a decline in net sales, high inventory levels and macroeconomic headwinds. High incentives and discounts to distributors also hurt revenues. Net Income On a GAAP basis, the company reported a net loss of $9.1 million or a loss of 33 cents per share compared with ...

Cambium Networks Corporation (NASDAQ:CMBM) Q2 2024 Results Conference Call August 8, 2024 4:30 PM ET Company Participants Peter Schuman - VP, Investor, Industry Analysts and Public Relations Morgan Kurk - President and CEO Jacob Sayer - CFO Conference Call Participants Scott Searle - Roth Capital Simon Leopold - Raymond James Operator Good afternoon. My name is Steven, and I will be your conference operator today. At this time, I would like to welcome everyone to the Cambium Networks’ Second Quarter 2024 Fi ...

Cambium (CMBM) reported $45.95 million in revenue for the quarter ended June 2024, representing a yearover-year decline of 22.8%. EPS of -$0.25 for the same period compares to $0.03 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $45.92 million, representing a surprise of +0.06%. The company delivered an EPS surprise of -19.05%, with the consensus EPS estimate being -$0.21. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stre ...

Cambium (CMBM) came out with a quarterly loss of $0.25 per share versus the Zacks Consensus Estimate of a loss of $0.21. This compares to earnings of $0.03 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -19.05%. A quarter ago, it was expected that this company would post a loss of $0.23 per share when it actually produced a loss of $0.46, delivering a surprise of -100%. Over the last four quarters, the company has not been ab ...

Exhibit 99.1 Cambium Networks Reports Second Quarter 2024 Financial Results • Revenues of $45.9 million increased 9% sequentially • Gross margin of 31.4%, non-GAAP(1) gross margin of 33.5% • Operating loss of $12.1 million, non-GAAP(1) operating loss of $7.9 million • Net loss of $9.1 million or a loss of $0.33 per diluted share, non-GAAP(1) net loss of $7.1 million or a loss of $0.25 per diluted share • Net cash provided by operating activities of $2.4 million; $42.6 million cash on the balance sheet • Adj ...

Revenues of $45.9 million increased 9% sequentially Gross margin of 31.4%, non-GAAP(1) gross margin of 33.5% Operating loss of $12.1 million, non-GAAP(1) operating loss of $7.9 million Net loss of $9.1 million or a loss of $0.33 per diluted share, non-GAAP(1) net loss of $7.1 million or a loss of $0.25 per diluted share Net cash provided by operating activities of $2.4 million; $42.6 million cash on the balance sheet Adjusted EBITDA(1) loss of $6.7 million or (14.5)% of revenues, an improvement of 57% seque ...

HOFFMAN ESTATES, Ill., Aug. 1, 2024 /PRNewswire/ -- Cambium Networks (NASDAQ: CMBM), a leading provider of wireless and wired networking solutions, and Cal.net, a premier provider of TV, Phone, and HighSpeed Broadband services throughout the Central Valley and rural Northern California, today announced the deployment of a 6 GHz fixed wireless access (FWA) network following the recent approval by the United States Federal Communications Commission (FCC) for outdoor use of 6 GHz spectrum. This deployment mark ...

NEW YORK, July 22, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Cambium Networks Corporation (NASDAQ: CMBM). https://securitiesclasslaw.com/securities/cambium-networks-loss-submission-form/?id=91391&from=3 WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed t ...