Cambium Networks Corp (CMBM) Faces Revenue Decline and Net Loss in Q4 and Full Year 2023 [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
Net Loss : Q4 GAAP net loss of $39.0 million, with a loss of $1.41 per diluted share. Adjusted EBITDA : Q4 adjusted EBITDA loss of $32.9 million, representing (81.8)% of revenues. Full Year Performance : 2023 revenues declined to $220.2 million, a 26% decrease from 2022. Operating Cash Flow : Net cash used in operating activities was $6.2 million in Q4. Financial Outlook : Q1 2024 revenues projected between $43.0-$48.0 million. Warning! GuruFocus has detected 5 Warning Signs with CMBM. On February 15, 2024, Cambium Networks Corp ( NASDAQ:CMBM ) released its 8-K filing , disclosing its financial results for the fourth quarter and full year ended December 31, 2023. The company, a leading provider of wireless networking infrastructure solutions, reported a significant year-over-year decline in revenue and a transition from profitability to a net loss position. Company Overview Cambium Networks Corp provides advanced wireless broadband networking infrastructure solutions
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News
- Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Investigation of Cambium Networks Corporation (CMBM) on Behalf of InvestorsBusiness Wire
- Exertis Enterprise and Cambium Networks Forge European Alliance Offering Network Edge Solutions [Yahoo! Finance]Yahoo! Finance
- Exertis Enterprise and Cambium Networks Forge European Alliance Offering Network Edge SolutionsPR Newswire
- INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Cambium Networks Corporation (CMBM) on Behalf of InvestorsBusiness Wire
- The Law Offices of Frank R. Cruz Continues Investigation of Cambium Networks Corporation (CMBM) on Behalf of InvestorsBusiness Wire
CMBM
Earnings
- 2/15/24 - Miss
CMBM
Sec Filings
- 5/3/24 - Form 4
- 4/25/24 - Form ARS
- 4/25/24 - Form DEFA14A
- CMBM's page on the SEC website