Cambium's (CMBM) Q1 Loss Wider Than Expected, Revenues Fall [Yahoo! Finance]
Cambium Networks Corporation - Ordinary Shares (CMBM)
Last cambium networks corporation - ordinary shares earnings: 2/10 04:01 pm
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Source: Yahoo! Finance
Cambium Networks Corporation CMBM reported soft first-quarter 2024 results, with the top and bottom lines missing the respective Zacks Consensus Estimate. The leading wireless solutions provider recorded a year-over-year revenue contraction due to a decline in net sales across all businesses, 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 $26.4 million or a loss of 95 cents per share against a net income of $4.3 million or 15 cents per share a year ago. The downturn was primarily attributable to a significant revenue decline. Non-GAAP net loss was $12.7 million or a loss of 46 cents per share against a net income of $6.8 million or 24 cents per share in the year-ago quarter. The bottom line was wider than the Zacks Consensus Estimate of a loss of 23 cents. Cambium Networks Corporation Price, Consensus and EPS Surprise Cambium Networks Corporat
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News
- CMBM CLASS ACTION NOTICE: Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit Against Cambium Networks CorporationBusiness Wire
- Cambium Networks' ePMP 4600 Receives FCC and ISEDC Certification for Outdoor 6 GHz Fixed Wireless [Yahoo! Finance]Yahoo! Finance
- Cambium Networks' ePMP 4600 Receives FCC and ISEDC Certification for Outdoor 6 GHz Fixed WirelessPR Newswire
- Cambium Networks Combines Enterprise Wi-Fi and Fixed Wireless Infrastructure to Deliver Exceptional Network Service for Outdoor Campus, Municipality, Hospitality and Warehouse Environments [Yahoo! Finance]Yahoo! Finance
- Cambium Networks Combines Enterprise Wi-Fi and Fixed Wireless Infrastructure to Deliver Exceptional Network Service for Outdoor Campus, Municipality, Hospitality and Warehouse EnvironmentsPR Newswire
CMBM
Earnings
- 5/9/24 - Miss
CMBM
Sec Filings
- 5/20/24 - Form 4
- 5/20/24 - Form 4
- 5/10/24 - Form 10-Q
- CMBM's page on the SEC website