Cambium Networks (NASDAQ: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.
