Cambium Networks Corp reports results for the quarter ended in December - Earnings Summary

Cambium Networks

16/02/2023 22:01

* Cambium Networks Corp  CMBM.OQ  reported quarterly
adjusted
earnings of 36 cents​​ per share for the quarter ended in
December. The mean expectation of seven analysts for the quarter
was for earnings of 25 cents per share.
    * Revenue rose 7.4% to $84.51 million from a year ago;
analysts
expected $82.10 million. 
    * Cambium Networks Corp's reported EPS for the quarter was
35
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Cambium Networks Corp shares had fallen by 0.7% this
quarter.
    * The company reported quarterly net income of $10.01
million.
    * Wall Street's median 12-month price target for Cambium
Networks
Corp is $25.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
16 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.25           0.36           Beat
 Sep. 30 2022      0.19           0.40           Beat
 Jun. 30 2022      0.06           0.18           Beat
 Mar. 31 2022      0.00           0.01           Beat