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

• Cambium Networks Corp CMBM is expected to show a rise in quarterly revenue when it reports results on July 7 (estimated) for the period ending December 31 2024

• The Rolling Meadows Illinois-based company is expected to report a 6.1% increase in revenue to $42.639 million from $40.21 million a year ago, according to the mean estimate from 3 analysts, 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 one available analyst rating on the shares is "buy".

• 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 $5.00, about 91.5% above its last closing price of $0.42

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%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated July 4 at 20:14 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)