Cambium Networks: Q2 Earnings Insights

Shares of Cambium Networks (NASDAQ:CMBM) decreased in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share increased 181.25% year over year to $0.45, which beat the estimate of $0.33.

Revenue of $92,709,000 higher by 48.92% year over year, which beat the estimate of $88,170,000.

Outlook

Cambium Networks Sees Q3 Sales $88M-$92M Vs. $89.44M Est., EPS $0.30-$0.34 Vs. $0.34 est.

Conference Call Details

Date: Aug 09, 2021

Time: 04:30 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/inpfnurh

Price Action

52-week high: $66.40

52-week low: $11.71

Price action over last quarter: down 32.61%

Company Description

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.