Cambium (CMBM) Q4 Loss Wider Than Expected on Lower Revenues [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
The leading wireless solutions provider recorded a year-over-year revenue contraction due to a decline in net sales in the Enterprise business, high inventory levels and macroeconomic headwinds. High incentives and discounts to distributors also contributed to lower revenues year over year. Net Income On a GAAP basis, the company reported a net loss of $39.1 million or a loss of $1.41 per share against a net income of $10 million or 35 cents per share a year ago. The downturn was primarily attributable to a significant revenue decline. Non-GAAP net loss was $26.4 million or a loss of 95 cents per share against a net income of $10.3 million or 38 cents per share in the year-ago quarter. The bottom line was wider than the Zacks Consensus Estimate of a loss of 34 cents. Cambium Networks Corporation Price, Consensus and EPS Surprise Cambium Networks Corporation price-consensus-eps-surprise-chart | Cambium Networks Corporation Quote For 2023, GAAP net loss of $63.6 million or a
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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