Profile
Sector:
TechnologyIndustry:
Communication EquipmentCountry:
United StatesIPO:
26 June 2019Website:
http://www.cambiumnetworks.comNext earnings report:
14 February 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Thu, 21 Nov 2024 23:00:42 GMTDividend
Analysts recommendations
Institutional Ownership
CMBM Latest News
Cambium Networks Corporation (NASDAQ:CMBM ) Q3 2024 Results Conference Call November 7, 2024 4:30 PM ET Company Participants Morgan Kurk - President and CEO Jacob Sayer - CFO Conference Call Participants John Roy - Water Tower Research Operator Good day, and thank you for standing by. Welcome to the Cambium Networks Third Quarter 2024 Financial Results Conference Call.
Healthy traction in the Enterprise segment supports Cambium's top line in Q3. Healthy growth in the gross margin and free cash flow are positives.
While the top- and bottom-line numbers for Cambium (CMBM) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Cambium (CMBM) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to loss of $0.44 per share a year ago.
HOFFMAN ESTATES, Ill. , Oct. 28, 2024 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless networking infrastructure solutions, today announced that it plans to report financial results for the third quarter 2024 ended September 30, 2024, on Thursday, November 7, 2024.
The initiative reflects CMBM's commitment to corporate social responsibility and its dedication to creating inclusive opportunities.
Collaboration Aims to Increase Access to Affordable High-Speed Broadband in Underserved Communities Benefitting Over 440,000 Households HOFFMAN ESTATES, Ill. , Aug. 29, 2024 /PRNewswire/ -- Cambium Networks (NASDAQ: CMBM), a leading global provider of wireless and wired networking solutions, today announced a strategic collaboration with QUILT, a 501(c)(3) nonprofit organization, NODE Networks, TMA Technology Solutions, and ComEd to enhance digital equity in underserved communities across Chicago as part of QUILT's Broadband Access for Brighter Futures Program.
Cambium Networks Corporation (NASDAQ:CMBM ) Q2 2024 Results Conference Call August 8, 2024 4:30 PM ET Company Participants Peter Schuman - VP, Investor, Industry Analysts and Public Relations Morgan Kurk - President and CEO Jacob Sayer - CFO Conference Call Participants Scott Searle - Roth Capital Simon Leopold - Raymond James Operator Good afternoon. My name is Steven, and I will be your conference operator today.
Although the revenue and EPS for Cambium (CMBM) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Revenues of $45.9 million increased 9% sequentially Gross margin of 31.4%, non-GAAP( 1) gross margin of 33.5% Operating loss of $12.1 million, non-GAAP( 1) operating loss of $7.9 million Net loss of $9.1 million or a loss of $0.33 per diluted share, non-GAAP( 1) net loss of $7.1 million or a loss of $0.25 per diluted share Net cash provided by operating activities of $2.4 million; $42.6 million cash on the balance sheet Adjusted EBITDA( 1) loss of $6.7 million or (14.5)% of revenues, an improvement of 57% sequentially HOFFMAN ESTATES, Ill. , Aug. 8, 2024 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless and wired networking infrastructure solutions, today announced financial results for the second quarter 2024 ended June 30, 2024.
What type of business is Cambium Networks?
Cambium Networks Corporation, together with its subsidiaries, engages in the design, development, and manufacture of wireless broadband and Wi-Fi networking infrastructure solutions. The company offers point-to-point fixed wireless backhaul and point-to-multipoint fixed wireless solutions; and enterprise solutions comprising cnMatrix cloud-managed wireless-aware switching solution, Xirrus Wi-Fi solutions, and Wi-Fi 6/6E access points which support cnMaestro and Xirrus XMS management. It also offers cnMatrix Ethernet enterprise switching solutions; cnMaestro and cnMaestro X network management platform that provide users with an integrated, intelligent, and easy to use tool for end-to-end network management; network planning tools, such as cnHeat, a network planning subscription service that provides a heat map coverage model display of locations for FWB connectivity; LINKPlanner that allows users to visualize and analyze hypothetical network deployment scenarios to evaluate performance and reliability; and cnArcher, a smartphone app that accelerates installation and deployment of fixed wireless products by field technicians. The company's products are used in broadband access, wireless backhaul, Internet of Things, public safety, national security, and defense communications networks, and Wi-Fi access applications. It serves public or private network operators; broadband internet service providers; mobile network operators; mid-market enterprises, such as education, hospitality, multi-dwelling units, and retail; state and local government; energy, mining, rail operator and utility industries; and military agencies in North America, Europe, the Middle East, Africa, the Caribbean and Latin America, and the Asia Pacific. The company was formerly known as Vector Cambium Holdings (Cayman), Ltd. and changed its name to Cambium Networks Corporation in 2018. Cambium Networks Corporation was founded in 2011 and is headquartered in Rolling Meadows, Illinois.
What sector is Cambium Networks in?
Cambium Networks is in the Technology sector
What industry is Cambium Networks in?
Cambium Networks is in the Communication Equipment industry
What country is Cambium Networks from?
Cambium Networks is headquartered in United States
When did Cambium Networks go public?
Cambium Networks initial public offering (IPO) was on 26 June 2019
What is Cambium Networks website?
https://www.cambiumnetworks.com
Is Cambium Networks in the S&P 500?
No, Cambium Networks is not included in the S&P 500 index
Is Cambium Networks in the NASDAQ 100?
No, Cambium Networks is not included in the NASDAQ 100 index
Is Cambium Networks in the Dow Jones?
No, Cambium Networks is not included in the Dow Jones index
When was Cambium Networks the previous earnings report?
No data
When does Cambium Networks earnings report?
The next expected earnings date for Cambium Networks is 14 February 2025