INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Cambium Networks Corporation (CMBM) on Behalf of Investors
Cambium Networks Corporation - Ordinary Shares (CMBM)
Last cambium networks corporation - ordinary shares earnings: 2/10 04:01 pm
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Source: Business Wire
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith continues its investigation on behalf of Cambium Networks Corporation (“Cambium Networks” or the “Company”) (NASDAQ: CMBM) investors concerning the Company’s possible violations of federal securities laws.On October 4, 2023, Cambium Networks issued a press release announcing its preliminary results for the third quarter of 2023. Therein, the Company disclosed that it now “expects revenues of between $40.0-$45.0 million compared to the previous outlook of $62.0-$70.0 million provided on Aug. 1, 2023.” The Company attributed the downward revision to a delay in government defense orders, sluggish revenues in the Point-to-Multi-Point business, a decrease in orders and an increase in stock rotations from distributors in the Enterprise business, and “continued economic headwinds.”On this news, Cambium Networks’ stock price fell $2.87, or 36.2%, to close at $5.05 per share on October 5, 2023, thereby injuring investors.Then,
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News
- 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
- Unlocking Cambium (CMBM) International Revenues: Trends, Surprises, and Prospects [Yahoo! Finance]Yahoo! Finance
- Cambium Networks Builds Global Defense & Security Momentum [Yahoo! Finance]Yahoo! Finance
- Cambium Networks Builds Global Defense & Security MomentumPR Newswire
CMBM
Earnings
- 5/9/24 - Miss
CMBM
Sec Filings
- 5/10/24 - Form 10-Q
- 5/9/24 - Form 8-K
- 5/3/24 - Form 4
- CMBM's page on the SEC website