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

Cambium Networks

03/11/2022 21:04

* Cambium Networks Corp  CMBM.OQ  reported quarterly
adjusted
earnings of 40 cents​​ per share for the quarter ended in
September. The mean expectation of seven analysts for the
quarter was for earnings of 19 cents per share.
    * Revenue rose 7% to $81.20 million from a year ago;
analysts
expected $74.20 million. 
    * Cambium Networks Corp's reported EPS for the quarter was
34
cents​.
    * The mean earnings estimate of analysts had risen by
about 8% 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 risen by 12.3% this
quarter and
lost 25.9% so far this year.
    * The company reported quarterly net income of $9.44
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 November
3 at 09:03 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.19           0.40           Beat
 Jun. 30 2022      0.06           0.18           Beat
 Mar. 31 2022      0.00           0.01           Beat
 Dec. 31 2021      0.15           0.16           Beat