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Shares of Cambium Networks (NASDAQ:CMBM) moved higher in after-market trading after the company reported Q4 results.
Quarterly Results
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Earnings per share were up 322.22% over the past year to $0.38, which beat the estimate of $0.27.
Revenue of $82,805,000 higher by 29.26% from the same period last year, which beat the estimate of $76,870,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
The upcoming fiscal year's revenue expected to be between $317,500,000 and $331,400,000.
Conference Call Details
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Date: Feb 18, 2021
Time: 04:30 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/tnfygwpe
Recent Stock Performance
Company's 52-week high was at $44.66
Company's 52-week low was at $3.57
Price action over last quarter: Up 68.81%
Company Profile
Cambium Networks Corp provides wireless broadband networking infrastructure solutions for network operators, including medium-sized wireless Internet service providers, enterprises and government agencies. The company's scalable, reliable and high-performance solutions create a purpose-built wireless fabric which connects people, places and things across distances ranging from two meters to more than 100 kilometers, indoors and outdoors, using licensed and unlicensed spectrum, at attractive economics. Headquartered outside Chicago and with R&D centers in the U.S., U.K. and India, the company sells through a range of distributors overseas.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.