Cambium Networks Corporation

CMBM

KYG177661090

Communications & Networking

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
3.56 ^USD	+7.88%		+8.87%	-40.67%

Apr. 05	Cambium Bio Raises AU$3.5 Million to Advance Lead Product Candidate, Support Operations; Shares Jump 140%	MT
Apr. 05	Regeneus Completes Merger with Cambium Medical Technologies; Regeneus Shares Surge 180%	MT

Cambium Networks Corporation Reports Earnings Results for the Third Quarter Ended September 30, 2023

November 02, 2023 at 04:05 pm EDT

Cambium Networks Corporation reported earnings results for the third quarter ended September 30, 2023. For the third quarter, the company reported sales was USD 43.05 million compared to USD 81.2 million a year ago. Net loss was USD 26.2 million compared to net income of USD 9.44 million a year ago.

Basic loss per share from continuing operations was USD 0.95 compared to basic earnings per share from continuing operations of USD 0.35 a year ago. Diluted loss per share from continuing operations was USD 0.95 compared to diluted earnings per share from continuing operations of USD 0.34 a year ago.

Latest news about Cambium Networks Corporation

Cambium Bio Raises AU$3.5 Million to Advance Lead Product Candidate, Support Operations; Shares Jump 140%	Apr. 05	MT
Regeneus Completes Merger with Cambium Medical Technologies; Regeneus Shares Surge 180%	Apr. 04	MT
Cambium Networks Names Jacob Sayer Chief Financial Officer	Apr. 02	MT
Cambium Networks Corporation Announces Chief Financial Officer Changes, Effective April 8, 2024	Apr. 02	CI
Cambium Networks Announces Next Evolution in Wi-Fi with Launch of its New Mass Market Wi-Fi 7 Access Point	Mar. 21	CI
Cambium Networks and Enterprise Wi-Fi Enable Service Providers in Canada to Expand Outdoor Gigabit Service	Feb. 21	CI
Raymond James Raises Price Target on Cambium Networks to $5.50 From $5.25, Maintains Outperform Rating	Feb. 16	MT
Transcript : Cambium Networks Corporation, Q4 2023 Earnings Call, Feb 15, 2024	Feb. 15
Earnings Flash (CMBM) CAMBIUM NETWORKS Reports Q4 Revenue $40.2M, vs. Street Est of $40.1M	Feb. 15	MT
Cambium Networks Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 15	CI
Cambium Networks Corporation Provides Earnings Guidance for the First Quarter and Full Year of 2024	Feb. 15	CI
Regeneus Signs Binding Deal for Cambium Medical Technologies Acquisition	Feb. 14	MT
Sector Update: Tech Stocks Gain in Late Friday Afternoon Trading	Jan. 19	MT
Sector Update: Tech Stocks Gain Friday Afternoon	Jan. 19	MT
Cambium Networks Shares Drop After Sharing Q4 Preliminary Results Below Previous Guidance	Jan. 19	MT
Raymond James Trims Cambium Networks' Price Target to $5.25 From $5.50, Keeps Outperform Rating	Jan. 19	MT
Sector Update: Tech Stocks Edge Higher Pre-Bell Friday	Jan. 19	MT
Cambium Networks Reports Preliminary Q4 Results; CFO Andrew Bronstein to Depart; Shares Fall After Hours	Jan. 18	MT
Cambium Networks Guides For Q4 Revenue of About $40 Million, vs Prior Outlook of $45-$50 Million and CIQ Analyst Consensus of $47 Million	Jan. 18	MT
Cambium Networks Corporation Provides Earnings Guidance for the Full Year 2024	Jan. 18	CI
Cambium Networks Corporation Revises Earnings Guidance for the Fourth Quarter Ended December 31, 2023	Jan. 18	CI
Cambium Networks Corporation Announces Chief Financial Officer Changes, Effective February 2, 2024	Jan. 18	CI
Cambium Networks Announces Shipping the RV22 Wi-Fi 6 Home Mesh Router Solution	Jan. 09	CI
Pentanet, Cambium Networks Forge Network-As-a-Service Agreement	Dec. 20	MT
Nextlink Drives Gigabit Service Expansion with 6 GHz Fixed Wireless Technology from Cambium Networks	Nov. 14	CI

Chart Cambium Networks Corporation

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Company Profile

Cambium Networks Corporation is a provider of wireless networking infrastructure solutions. The Company enables service providers, enterprises, industrial organizations, and governments to deliver digital experiences and device connectivity. Its ONE Network platform simplifies management of its wired and wireless broadband and network edge technologies. It designs, develops, and manufactures wireless broadband and Wi-Fi networking infrastructure solutions for a range of applications, including broadband access, wireless backhaul, Internet of Things (IoT), public safety, and others. Its Fixed Wireless Broadband portfolio spans point-to-point (PTP) and point-to-multi-point (PMP) architectures over multiple standards. Its Enterprise portfolio includes Wi-Fi access points, wireless aware switches, security gateways and other networking devices. Its Subscription and Services portfolio includes network planning and design as well as cloud or on-premises network management and control.

Sector

Communications & Networking

Calendar

2024-05-08 - Q1 2024 Earnings Release

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Ratings for Cambium Networks Corporation

Trading Rating

Investor Rating

ESG Refinitiv

D+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

3.56 USD

Average target price

7.062 USD

Spread / Average Target

+98.38%

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Quarterly earnings - Rate of surprise

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