Cambium Networks Corp expected to post a loss of 9 cents a share - Earnings Preview

Cambium Networks

01/11/2023 02:09

* Cambium Networks Corp  CMBM.OQ   CMBM.O  is expected
to show a
fall in quarterly revenue when it reports  results 
    * The Rolling Meadows Illinois-based  company is expected to
report  a 47.1% decrease in revenue to $42.966 million from
$81.2 million a year ago, according to the mean estimate from 6
analysts, based on LSEG data. The company's guidance on October
4 2023, for the period ended September 30, was for revenue
between $40.00 million and $45.00 million.
    * ​Refinitiv's mean analyst estimate for Cambium Networks
Corp is
for a loss of 9 cents per share. The company's EPS guidance on
August 1 2023, for the period ended September 30, was between
$0.13 and $0.25 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and 1 "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 $12.25​, above​ its last closing price of $4.98. ​​​

The company's guidance on August 1 2023 for the period ended
September 30 was for Earnings before Interest and Taxes between
USD5.2 million and USD9.2 million.The company's guidance on
August 1 2023 for the period ended September 30 was for Earnings
before Interest, Taxes, Depreciation and Amortization of between
USD40 million and USD10.3 million.The company's guidance on
August 1 2023 for the period ended September 30 was for Capital
Expenditures between USD4 million and USD4.5 million.The
company's guidance on August 1 2023 for the period ended
September 30 was for gross profit margin between USD49.8% and
USD51.3%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Sep. 30 2022  0.19        0.19       0.40      Beat    113.7
 ​​Jun.        0.06        0.06       0.18      Beat    196.7
 30 2022                                                
 Mar. 31 2022  -0.03       0.00       0.01      Beat    400.3​
 Dec. 31 2021  0.15        0.15       0.16      Beat    9.1
 Sep. 30 2021  0.14        0.20       0.23      Beat    13.4
 This summary was machine generated November 1 at 02:09 GMT.  All
figures in US dollars  unless otherwise stated