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

Reuters
Nov 04
<a href="https://laohu8.com/S/CMBM">Cambium Networks</a> Corp <cmbm.oq> expected to post a loss of 15 cents a share - Earnings Preview </cmbm.oq>

  • Cambium Networks Corp CMBM.OQ CMBM.O is expected to show a rise in quarterly revenue when it reports results on November 5 (estimated) for the period ending December 31 2024

  • The Rolling Meadows Illinois-based company is expected to report a 5.7% increase in revenue to $42.5 million from $40.21 million a year ago, according to the estimate from one analyst, 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 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, about 0.3% above its last closing price of $2.99

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%.

This summary was machine generated November 3 at 22:00 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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