Cambium Networks Corporation (CMBM)
Market Cap | 130.30M |
Revenue (ttm) | 264.50M |
Net Income (ttm) | -14.56M |
Shares Out | 27.67M |
EPS (ttm) | -0.54 |
PE Ratio | n/a |
Forward PE | 17.92 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 16,270 |
Open | 4.70 |
Previous Close | 4.75 |
Day's Range | 4.63 - 4.73 |
52-Week Range | 3.53 - 23.26 |
Beta | 0.91 |
Analysts | Buy |
Price Target | 10.19 (+116.35%) |
Earnings Date | Nov 2, 2023 |
About CMBM
Cambium Networks Corporation, together with its subsidiaries, designs, develops, and manufactures 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 access points which support cnMaestro and Xirrus XMS management. It also offers cnMatrix Ethernet enterprise switching solutions; cnMaestro and cnMa... [Read more]
Financial Performance
In 2022, CMBM's revenue was $296.90 million, a decrease of -11.60% compared to the previous year's $335.85 million. Earnings were $20.20 million, a decrease of -46.02%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for CMBM stock is "Buy." The 12-month stock price forecast is $10.19, which is an increase of 116.35% from the latest price.
News

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...

Cambium Networks Expands AI-powered Troubleshooting and Security
New cnMaestro™ release streamlines management of technically diverse campus networks. ROLLING MEADOWS, Ill.

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 ...

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...

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), ...

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 ...

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...

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...

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...

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...

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...

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...

Wifinity Connects 550,000 Holiday Park Guests and One Million Devices with Cambium Networks Solutions
Vacationers in 20,000 caravans in 66 holiday parks across the UK enjoy exceptional digital experiences through fixed wireless technology ROLLING MEADOWS, Ill. , Aug. 10, 2023 /PRNewswire/ -- Cambium N...

CAMBIUM ALERT: Bragar Eagel & Squire, P.C. is Investigating Cambium Networks Corporation on Behalf of Cambium Stockholders and Encourages Investors to Contact the Firm
NEW YORK--(BUSINESS WIRE)-- #Action--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Cambium Networks Corporation (“Cambium”...

Cambium Networks Reports Second Quarter 2023 Financial Results
Morgan Kurk Announced as President & Chief Executive Officer Revenues of $59.5 million, decreased 23% sequentially, and increased 14% year-over-year Record Point-to-Point revenues of $25.1 million, up...

Wibernet Expands Multi-Gigabit Coverage with 5G Fixed Wireless Solutions from Cambium Networks
New 200 Mpbs and 50 Mbps packages are a win for customers ROLLING MEADOWS, Ill. , July 27, 2023 /PRNewswire/ -- Cambium Networks (NADSAQ: CMBM), a leading global provider of networking solutions, an...

Cambium Networks Corporation Announces Second Quarter 2023 Reporting Date
ROLLING MEADOWS, Ill. , July 18, 2023 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless networking infrastructure solutions, today announ...

Cambium Networks Drives Increased Momentum in Hospitality and MDU Markets on Surging Demand for Connectivity Solutions
Led by MSP partners, Cambium Networks' Wi-Fi, switching and cloud management products are helping hotels and multi-dwelling units raise bar on customer satisfaction. ROLLING MEADOWS, Ill.

Cambium Networks adds Gigabit FTTx Combo PON to its Fixed Wireless Portfolio Giving ISPs Unprecedented Flexibility
Cambium Networks' ONE Network enabled by cnMaestro™ management Solution Converges these technologies into a single pane of glass ROLLING MEADOWS, Ill. , June 20, 2023 /PRNewswire/ -- Cambium Networks...

Fortune 1000 Energy Producer Reaps 3X Communications Capacity Gain with Cambium Networks and Future Technologies Venture
Advanced fixed wireless network deployment allows company to reach gigabit speeds as part of ongoing digital transformation plan ROLLING MEADOWS, Ill. , June 13, 2023 /PRNewswire/ -- Cambium Networks ...

Cambium Networks Appoints Archana Nirwan as Chief Human Resources Officer
ROLLING MEADOWS, Ill. , May 31, 2023 /PRNewswire/ -- Cambium Networks (NASDAQ: CMBM), a leading global provider of networking solutions, today announced the appointment of Archana Nirwan to Chief Huma...

Enterprises and Service Providers Boost Security and Network Automation with cnMaestro™ 4.0 from Cambium Networks
Managing the Technology Stack in a Single Framework Enhances the Security and Automation of Service Providers' Networks while removing complexity ROLLING MEADOWS, Ill. , May 16, 2023 /PRNewswire/ -- C...

Cambium Networks Reports First Quarter 2023 Financial Results
Revenues of $77.4 million, decreased 8% sequentially, and increased 25% year-over-year Enterprise revenues of $35.7 million, up 11% sequentially, and increased 130% year-over-year Gross margin of 51.2...

Property Owners and Managed Service Providers Improve Resident Online Experiences, Occupancy Rate and Revenue with Cambium Networks
Multi-dwelling unit (MDU) property owners can realize increased net operating income (NOI) while improving Wi-Fi coverage with Cambium's ONE Network solutions ROLLING MEADOWS, Ill. , April 27, 2023 /P...

Cambium Networks Corporation Announces First Quarter 2023 Reporting Date
ROLLING MEADOWS, Ill., April 17, 2023 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless networking infrastructure solutions, today announ...