Cambium Networks (CMBM) Tops Q3 EPS by 3c, provides guidance

Cambium Networks (NASDAQ: CMBM) reported Q3 EPS of ($0.14), $0.03 better than the analyst estimate of ($0.17). Revenue for the quarter came in at $43.7 million versus the consensus estimate of $45.33 million.

GUIDANCE:

Cambium Networks sees Q4 2024 revenue of $40-45 million, versus the consensus of $50.032 million.

GAAP gross margin between 40.0%-42.0%; and non-GAAP gross margin between 42.5%-44.5%
GAAP operating loss between $7.0-$9.0 million; and non-GAAP operating loss between $3.0-$5.0 million
Adjusted EBITDA loss between $1.0-$3.0 million; and adjusted EBITDA margin between (2.0)%-(7.0)%

For earnings history and earnings-related data on Cambium Networks (CMBM) click here.

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