Cambium Networks Corporation (CMBM)

NASDAQ: CMBM · IEX Real-Time Price · USD
3.560
-0.040 (-1.11%)
May 17, 2024, 4:00 PM EDT - Market closed
-1.11%
Market Cap 99.03M
Revenue (ttm) 185.13M
Net Income (ttm) -108.14M
Shares Out 27.90M
EPS (ttm) -3.92
PE Ratio n/a
Forward PE 60.61
Dividend n/a
Ex-Dividend Date n/a
Volume 87,409
Open 3.640
Previous Close 3.600
Day's Range 3.460 - 3.670
52-Week Range 2.925 - 18.090
Beta 1.00
Analysts Buy
Price Target 7.50 (+110.67%)
Earnings Date May 9, 2024

About CMBM

Cambium Networks Corporation, together with its subsidiaries, engages in the design, development, and manufacture of wireless broadband and Wi-Fi networking infrastructure solutions. The company offers point-to-point fixed wireless backhaul and point-to-multipoint fixed wireless solutions; and enterprise solutions comprising cnMatrix cloud-managed wireless-aware switching solution, Xirrus Wi-Fi solutions, and Wi-Fi 6/6E access points which support cnMaestro and Xirrus XMS management. It also offers cnMatrix Ethernet enterprise switching solutio... [Read more]

Sector Technology
IPO Date Jun 26, 2019
Employees 625
Stock Exchange NASDAQ
Ticker Symbol CMBM
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for CMBM stock is "Buy." The 12-month stock price forecast is $7.5, which is an increase of 110.67% from the latest price.

Price Target
$7.5
(110.67% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Cambium Networks Combines Enterprise Wi-Fi and Fixed Wireless Infrastructure to Deliver Exceptional Network Service for Outdoor Campus, Municipality, Hospitality and Warehouse Environments

Enterprises and municipalities deploy high-performance networks across large areas more quickly and efficiently with Cambium's ONE Network solution for wireless access and backhaul HOFFMAN ESTATES, Il...

2 days ago - PRNewsWire

Cambium Networks Builds Global Defense & Security Momentum

Global Defense & Security partners deliver mission-critical broadband connectivity solutions that perform in highly demanding environments HOFFMAN ESTATES, Ill. , May 14, 2024 /PRNewswire/ -- Cambium ...

4 days ago - PRNewsWire

Cambium Networks Reports First Quarter 2024 Financial Results

Revenues of $42.3 million, increased 5% sequentially, and decreased 45% year-over-year Gross margin of 20.5%, non-GAAP(1) gross margin of 22.7% Operating loss of $21.0 million, non-GAAP(1) operating l...

9 days ago - PRNewsWire

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Investigation of Cambium Networks Corporation (CMBM) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, continues its investigation on behalf of Cambium Networks Corporation (“Cambium Netwo...

16 days ago - Business Wire

Exertis Enterprise and Cambium Networks Forge European Alliance Offering Network Edge Solutions

New collaboration enables solution providers to take the pain out of delivering great Wi-Fi experiences in select European markets HOFFMAN ESTATES, Ill. , May 2, 2024 /PRNewswire/ -- Cambium Networks ...

16 days ago - PRNewsWire

INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Cambium Networks Corporation (CMBM) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith continues its investigation on behalf of Cambium Networks Corporation (“Cambium Networks” or the “Company”) (NASDAQ: CMBM) investors conc...

17 days ago - Business Wire

The Law Offices of Frank R. Cruz Continues Investigation of Cambium Networks Corporation (CMBM) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation of Cambium Networks Corporation (“Cambium Networks” or the “Company”) (NASDAQ: CMBM) on behalf of investors c...

19 days ago - Business Wire

Cambium Networks Corporation Announces First Quarter 2024 Reporting Date

HOFFMAN ESTATES, Ill. , April 22, 2024 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless networking infrastructure solutions, today annou...

26 days ago - PRNewsWire

Cambium Networks Corporation Names Jacob Sayer CFO

HOFFMAN ESTATES, Ill., April 2, 2024 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless networking infrastructure solutions, today announc...

6 weeks ago - PRNewsWire

Cambium Networks Introduces the First in a New Class of Enterprise Wi-Fi 7 Solutions

The X7-35X access point delivers industry-leading price-performance, empowering customers of all types to benefit from Wi-Fi 7's superior speed, latency, and connection reliability ROLLING MEADOWS, Il...

2 months ago - PRNewsWire

Cambium Networks 6 GHz Fixed Wireless and Enterprise Wi-Fi Enable Service Providers in Canada to Expand Outdoor Gigabit Service

ePMP 4600 is the first 6 GHz outdoor fixed wireless solution to receive ISEDC certification ROLLING MEADOWS, Ill. , Feb. 21, 2024 /PRNewswire/ -- Cambium Networks (NASDAQ: CMBM), a leading global prov...

3 months ago - PRNewsWire

Cambium Networks Reports Fourth Quarter and Full Year 2023 Financial Results

Revenues of $40.2 million, decreased 7% sequentially, and decreased 52% year-over-year Gross margin of (21.7)%, non-GAAP(1) gross margin of (19.4)% Operating loss of $39.3 million, non-GAAP(1) operati...

3 months ago - PRNewsWire

Cambium Networks Corporation Announces Preliminary Fourth Quarter 2023 Revenues, Reporting Date and CFO Transition

ROLLING MEADOWS, Ill. , Jan. 18, 2024 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless networking infrastructure solutions, today announ...

4 months ago - PRNewsWire

New Opportunity for Residential Broadband Service Providers: High Throughput, Managed Wi-Fi Mesh with Value Added Services

New residential Wi-Fi 6 home router and subscriber application from Cambium Networks reduce support costs of end-to-end broadband service delivery while enabling exceptional subscriber experiences ROL...

4 months ago - PRNewsWire

Nextlink Drives Gigabit Service Expansion with 6 GHz Fixed Wireless Technology from Cambium Networks

Major broadband service provider selects Cambium Networks technology for cost-effective buildout potentially reaching hundreds of thousands of residences ROLLING MEADOWS, Ill. , Nov. 14, 2023 /PRNewsw...

6 months ago - PRNewsWire

Cambium Networks Expands AI-powered Troubleshooting and Security

New cnMaestro™ release streamlines management of technically diverse campus networks. ROLLING MEADOWS, Ill.

6 months ago - PRNewsWire

Cambium Networks Reports Third Quarter 2023 Financial Results

Revenues of $43.0 million, decreased 28% sequentially, and decreased 47% year-over-year Gross margin of 25.5%, non-GAAP(1) gross margin of 27.7% Operating loss of $22.1 million, non-GAAP(1) operating ...

7 months ago - PRNewsWire

Broadband Service Providers in the USA Can Be at the Head of the Line for Offering 6 GHz Outdoor Fixed Wireless with Cambium Networks

ePMP 4000 platform delivers gigabit speeds, AFC interoperability and is ready for FCC to open the 6 GHz spectrum ROLLING MEADOWS, Ill. , Oct. 10, 2023 /PRNewswire/ -- Cambium Networks (NASDAQ: CMBM), ...

7 months ago - PRNewsWire

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Cambium Networks Corporation (CMBM) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Cambium Networks ...

8 months ago - Business Wire

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Cambium Networks Corporation (CMBM) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Cambium Networks Corporation (“Cambium Networks” or the “Company”) (NASDAQ: CMBM) investors conce...

8 months ago - Business Wire

The Law Offices of Frank R. Cruz Announces Investigation of Cambium Networks Corporation (CMBM) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Cambium Networks Corporation (“Cambium Networks” or the “Company”) (NASDAQ: CMBM) on behalf of investors co...

8 months ago - Business Wire

Cambium Networks Corporation Announces Preliminary Third Quarter 2023 Revenues and Reporting Date

ROLLING MEADOWS, Ill. , Oct. 4, 2023 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless networking infrastructure solutions, today announc...

8 months ago - PRNewsWire

Align Tactical Defense Communications in Seconds with Integrated Smart Antenna from Cambium Networks

Integrated PTP 700 smart antenna boosts signal quality while mitigating interference ROLLING MEADOWS, Ill. , Sept. 26, 2023 /PRNewswire/ -- Cambium Networks (NASDAQ: CMBM), a leading global provider o...

8 months ago - PRNewsWire

Gulf of Suez Petroleum Company (GUPCO) Improves Safety and Efficiency with Fixed Wireless Solutions from Cambium Networks and Systel Telecom

Oil producer creates blanket coverage over 150 km of onshore and offshore operations area ROLLING MEADOWS, Ill. , Sept. 25, 2023 /PRNewswire/ -- Cambium Networks (NASDAQ: CMBM), a leading global provi...

8 months ago - PRNewsWire

Cambium Networks Delivers Secure Fixed Wireless Broadband Solutions for Defense and Public Safety Applications

Global Defense & Security (GDS) practice and its partners deliver mission critical connectivity solutions that perform in demanding environments ROLLING MEADOWS, Ill. , Aug. 15, 2023 /PRNewswire/ -- C...

9 months ago - PRNewsWire