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CMBMF — Cambium Networks News Story

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Brief: Cambium Networks Reports Fourth Quarter And Full Year 2022 Financial Results

Feb 16 (Reuters) - Cambium Networks Corp  CMBM.O :
    * CAMBIUM NETWORKS REPORTS FOURTH QUARTER AND FULL YEAR 2022
FINANCIAL RESULTS
    * Q4 GAAP EARNINGS PER SHARE $0.35
    * Q4 REVENUE ROSE 7 PERCENT TO $84.5 MILLION
    * Q4 NON-GAAP EARNINGS PER SHARE $0.36
    * SEES FULL YEAR 2023 REVENUES BETWEEN $327.0-$345.0
MILLION,
INCREASING BETWEEN APPROXIMATELY 10%-16%
    * SEES Q1 REVENUES BETWEEN $74.0-$80.0 MILLION, UP
APPROXIMATELY
20%-29% YEAR-OVER-YEAR
    * SEES FULL YEAR 2023 GAAP NET INCOME BETWEEN $23.6-$26.1
MILLION
OR BETWEEN $0.81 AND $0.89 PER DILUTED SHARE
    * SEES  Q1 GAAP NET INCOME BETWEEN $1.2 MILLION -$4.0
MILLION OR
BETWEEN $0.04 AND $0.14 PER DILUTED SHARE
    * SEES  Q1 NON-GAAP NET INCOME BETWEEN $4.1 MILLION-$6.8
MILLION
OR BETWEEN $0.14 AND $0.23 PER DILUTED SHARE
    * SEES Q1 ADJUSTED EBITDA BETWEEN $6.8MLN -$10.0 MILLION AND
ADJUSTED EBITDA MARGIN BETWEEN 9.2%-12.5%
    * Q4 EARNINGS PER SHARE VIEW $0.25, REVENUE VIEW $82.1
MILLION --
REFINITIV IBES DATA
    * Q1 EARNINGS PER SHARE VIEW $0.21, REVENUE VIEW $79.5
MILLION --
REFINITIV IBES DATA
    * FY2023 EARNINGS PER SHARE VIEW $1.20, REVENUE VIEW $346.1
MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nPn6q3LrYa 
Further company coverage:  CMBM.O 
 ((Reuters.Briefs@thomsonreuters.com;))

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