Cambium NetworksCMBM
CMBM
About: Cambium Networks Corp provides wireless broadband networking infrastructure solutions for network operators, including medium-sized wireless Internet service providers, enterprises, and government agencies. The company geographically operates in North America; Europe, Middle East and Africa; Caribbean and Latin America; and Asia Pacific. It derives maximum revenue from North America.
Employees: 625
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
917% more call options, than puts
Call options by funds: $61K | Put options by funds: $6K
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
7.09% less ownership
Funds ownership: 85.14% [Q2] → 78.05% (-7.09%) [Q3]
35% less funds holding
Funds holding: 74 [Q2] → 48 (-26) [Q3]
39% less capital invested
Capital invested by funds: $66.3M [Q2] → $40.3M (-$26M) [Q3]
71% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 24
90% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 29
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$3
316%
upside
Avg. target
$3
316%
upside
High target
$3
316%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Northland Capital Markets Tim Savageaux 58% 1-year accuracy 14 / 24 met price target | 316%upside $3 | Outperform Maintained | 12 Nov 2024 |
Financial journalist opinion
Neutral
Zacks Investment Research
1 month ago
Why Cambium (CMBM) International Revenue Trends Deserve Your Attention
Examine the evolution of Cambium's (CMBM) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.
Neutral
Seeking Alpha
1 month ago
Cambium Networks Corporation (CMBM) Q3 2024 Earnings Call Transcript
Cambium Networks Corporation (NASDAQ:CMBM ) Q3 2024 Results Conference Call November 7, 2024 4:30 PM ET Company Participants Morgan Kurk - President and CEO Jacob Sayer - CFO Conference Call Participants John Roy - Water Tower Research Operator Good day, and thank you for standing by. Welcome to the Cambium Networks Third Quarter 2024 Financial Results Conference Call.
Positive
Zacks Investment Research
1 month ago
CMBM Q3 Loss Narrower Than Expected on Solid Enterprise Revenue Growth
Healthy traction in the Enterprise segment supports Cambium's top line in Q3. Healthy growth in the gross margin and free cash flow are positives.
Neutral
Zacks Investment Research
1 month ago
Cambium (CMBM) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Cambium (CMBM) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Negative
Zacks Investment Research
1 month ago
Cambium (CMBM) Reports Q3 Loss, Lags Revenue Estimates
Cambium (CMBM) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to loss of $0.44 per share a year ago.
Neutral
PRNewsWire
1 month ago
Cambium Networks Reports Third Quarter 2024 Financial Results
Revenues of $43.7 million decreased 5% sequentially Gross margin of 39.9% and non-GAAP(1) gross margin of 42.3%, both higher sequentially Operating loss of $8.1 million, non-GAAP(1) operating loss of $3.6 million Net loss of $9.7 million or a loss of $0.34 per diluted share; non-GAAP(1) net loss of $3.8 million or a loss of $0.14 per diluted share Net cash provided by operating activities of $8.9 million; $46.5 million cash on the balance sheet Adjusted EBITDA(1) loss of $2.3 million or (5.3)% of revenues, an improvement of 65% sequentially HOFFMAN ESTATES, Ill. , Nov. 7, 2024 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless and wired networking infrastructure solutions, today announced financial results for the third quarter 2024 ended September 30, 2024.
Neutral
PRNewsWire
1 month ago
Cambium Networks Corporation Announces Third Quarter 2024 Reporting Date
HOFFMAN ESTATES, Ill. , Oct. 28, 2024 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless networking infrastructure solutions, today announced that it plans to report financial results for the third quarter 2024 ended September 30, 2024, on Thursday, November 7, 2024.
Positive
Zacks Investment Research
3 months ago
Cambium Aims to Bridge Chicago's Digital Divide: Stock to Benefit?
The initiative reflects CMBM's commitment to corporate social responsibility and its dedication to creating inclusive opportunities.
Neutral
PRNewsWire
3 months ago
Cambium Networks Collaborates with QUILT and NODE Networks to Bridge the Digital Divide in Chicago
Collaboration Aims to Increase Access to Affordable High-Speed Broadband in Underserved Communities Benefitting Over 440,000 Households HOFFMAN ESTATES, Ill. , Aug. 29, 2024 /PRNewswire/ -- Cambium Networks (NASDAQ: CMBM), a leading global provider of wireless and wired networking solutions, today announced a strategic collaboration with QUILT, a 501(c)(3) nonprofit organization, NODE Networks, TMA Technology Solutions, and ComEd to enhance digital equity in underserved communities across Chicago as part of QUILT's Broadband Access for Brighter Futures Program.
Neutral
Zacks Investment Research
4 months ago
Don't Overlook Cambium (CMBM) International Revenue Trends While Assessing the Stock
Explore how Cambium's (CMBM) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.
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