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CMBMF — Cambium Networks News Story

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Cambium Networks Corp expected to post a loss of 14 cents a share - Earnings Preview

* Cambium Networks Corp  CMBM.OQ   CMBM.O  is expected
to show a
rise in quarterly revenue when it reports  results on February
13 (estimated) for the period ending December 31 2024
    * The Rolling Meadows Illinois-based  company is expected to
report a 6.9% increase in revenue to $42.977 million from $40.21
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.The company's guidance on November
7 2024, for the period ended December 31, was for revenue
between 40.00 million and 45.00 million.
    * ​LSEG's mean analyst estimate for Cambium Networks Corp is
for a
loss of 14 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Cambium
Networks
Corp is $2.50​, above​ its last closing price of $1.51. ​​​

The company's guidance on November 7 2024 for the period ended
December 31 was for Earnings before Interest and Taxes between
-5 million and -3 million.The company's guidance on November 7
2024 for the period ended December 31 was for Earnings before
Interest, Taxes, Depreciation and Amortization of between 40
million and -1 million ().The company's guidance on November 7
2024 for the period ended December 31 was for gross profit
margin between 42.5% and 44.5%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  -0.17       -0.17      -0.14     Beat    17.3
 Jun. 30 2024  -0.21       -0.21      -0.25     Missed  -17.9
 Mar. 31 2024  -0.23       -0.23      -0.46     Missed  -95.7​
 Dec. 31 2023  -0.42       -0.39      -0.95     Missed  -144.5
 ​​Sep.        -0.12       -0.09      -0.44     Missed  -410.8
 30 2023                                                
 Jun. 30 2023  0.22        0.21       0.03      Missed  -86​
 Mar. 31 2023  0.20        0.20       0.24      Beat    22
 Dec. 31 2022  0.25        0.25       0.36      Beat    41.6
 This summary was machine generated February 11 at 21:06 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)

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