Recap: Cambium Networks Q4 Earnings

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Cambium Networks CMBM reported its Q4 earnings results on Thursday, February 15, 2024 at 04:01 PM.

Here's what investors need to know about the announcement.

Earnings

Cambium Networks missed estimated earnings by 143.59%, reporting an EPS of $-0.95 versus an estimate of $-0.39.

Revenue was down $44.30 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.35 which was followed by a 6.35% drop in the share price the next day.

Here's a look at Cambium Networks's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.09 0.21 0.20 0.25
EPS Actual -0.44 0.03 0.24 0.36
Revenue Estimate 42.97M 78.11M 76.73M 82.10M
Revenue Actual 43.05M 59.54M 77.40M 84.51M

To track all earnings releases for Cambium Networks visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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