Cambium Networks Corp expected to post a loss of 15 cents a share - Earnings Preview

Cambium Networks

28/02/2025 21:50

Cambium Networks Corp CMBM.OQ CMBM.O is expected to show a rise in quarterly revenue when it reports  results on March 3 (estimated) for the period ending December 31 2024

The Rolling Meadows Illinois-based  company is expected to report a 7.0% increase in revenue to $43.029 million from $40.21 million a year ago, according to the mean estimate from 4 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 15 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "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 $3.00​, above​ its last closing price of $0.86. ​​​

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 ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
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. 30 2023
-0.12
-0.09
-0.44
Missed
-410.8
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 28 at 21:50 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)