Cambium Networks Corporation Sees Q3 2021 Revs $75M Vs Previous Guidance Of $88M-$92M
Cambium Networks now expects GAAP revenues of approximately $75 million compared to the previous outlook of $88-$92 million provided on August 9, 2021. The change
Cambium Networks’s Return On Capital Employed Overview
According to Benzinga Pro, during Q2, Cambium Networks (NASDAQ:CMBM) earned $14.30 million, a 6.67% increase from the preceding quarter. Cambium Networks also posted a total of $92.71 million in sales, a 4.74% increase since Q1.
Vertical Research Downgrades Cambium Networks to Neutral
Vertical Research downgrades Cambium Networks (NASDAQ:CMBM) from Buy to Neutral.
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.
Cambium Networks Q2 EPS $0.45 Beats $0.33 Estimate, Sales $92.70M Beat $88.17M Estimate
Cambium Networks (NASDAQ:CMBM) reported quarterly earnings of $0.45 per share which beat the analyst consensus estimate of $0.33 by 36.36 percent. This is a 181.25 percent increase over earnings of $0.16 per share from
Earnings Scheduled For August 9, 2021
Companies Reporting Before The Bell
• Privia Health Group (NASDAQ:PRVA) is projected to report quarterly loss at $1.57 per share on revenue of $215.17 million.
