Cambium Networks(CMBM)
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Cambium Networks Builds Global Defense & Security Momentum
Prnewswire· 2024-05-14 17:00
Global Defense & Security partners deliver mission-critical broadband connectivity solutions that perform in highly demanding environments HOFFMAN ESTATES, Ill., May 14, 2024 /PRNewswire/ -- Cambium Networks (NASDAQ: CMBM), a leading global provider of broadband networking solutions, today announced that its fixed wireless infrastructure solutions continue to evolve and support broadband applications for national defense, federal and civilian agencies, public safety, and national law enforcement. Cambium Ne ...
Cambium Networks(CMBM) - 2024 Q1 - Earnings Call Transcript
2024-05-12 04:03
财务数据和关键指标变化 - 2024年第一季度收入为4,320万美元,较上一季度增长5%[31] - 毛利率为22.7%,较上一季度提高47.8个百分点[33] - 非GAAP净亏损为1,270万美元,每股亏损0.46美元,较上一季度亏损收窄[35] - 调整后EBITDA亏损1,550万美元,较上一季度亏损收窄[36] - 现金余额为3,870万美元,较上一季度增加2,000万美元[38] 各条业务线数据和关键指标变化 - 企业业务收入同比增长231%,为业务亮点[16] - 点对多点(PMP)业务收入同比下降14%,受6GHz频段批准时间延迟影响[15] - 点对点(PTP)国防业务收入同比下降34%,受欧美地区订单延迟影响[14] 各个市场数据和关键指标变化 - 欧洲市场收入同比增长146%,主要得益于企业业务复苏[32] - 北美市场收入同比下降7%,受PTP国防订单延迟和PMP 6GHz批准延迟影响[32] - 拉美和亚洲市场收入分别同比下降8%和10%[32] 公司战略和发展方向及行业竞争 - 公司正在推进产品平台化,以提高开发效率和降低成本[47] - 6GHz频段批准将推动PMP业务增长,公司已推出相关新产品[15][42] - 企业Wi-Fi业务有望随着库存消化而恢复增长[42] - 公司正密切关注客户需求,调整业务方向以保持竞争力[48] 管理层对经营环境和未来前景的评论 - 公司正努力管控成本,预计下半年将实现EBITDA盈利[39] - 渠道库存预计将在第二季度末恢复正常,有助于收入改善[20] - 6GHz频段批准及新产品推出将推动PMP业务增长[15][42] - 企业Wi-Fi业务有望随着库存消化而恢复增长[42] 问答环节重要的提问和回答 问题1 **Scott Searle 提问** 询问企业Wi-Fi业务的销售情况[54] **Morgan Kurk 回答** 企业Wi-Fi业务的销售情况维持在1,500万美元至2,000万美元的健康水平[57] 问题2 **Victor Chiu 提问** 询问6GHz频段产品的出货情况[67] **Morgan Kurk 回答** 6GHz频段产品的出货将在全年逐步恢复,而非集中在第二季度[68][69] 问题3 **George Notter 提问** 询问公司的长期毛利率目标[77] **Morgan Kurk 回答** 公司的长期毛利率目标为45%以上,得益于政府业务和企业业务的较高毛利率[83][84]
Cambium Networks(CMBM) - 2024 Q1 - Quarterly Report
2024-05-11 04:06
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from Commission File Number: 001-38952 CAMBIUM NETWORKS CORPORATION (Exact Name of Registrant as Specified in its Charter) Cayman Islands Not Applicable (State or ot ...
Cambium's (CMBM) Q1 Loss Wider Than Expected, Revenues Fall
Zacks Investment Research· 2024-05-10 22:40
Cambium Networks Corporation (CMBM) reported soft first-quarter 2024 results, with the top and bottom lines missing the respective Zacks Consensus Estimate. The leading wireless solutions provider recorded a year-over-year revenue contraction due to a decline in net sales across all businesses, high inventory levels and macroeconomic headwinds. High incentives and discounts to distributors also hurt revenues.Net IncomeOn a GAAP basis, the company reported a net loss of $26.4 million or a loss of 95 cents pe ...
Cambium (CMBM) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-05-10 06:31
Cambium (CMBM) reported $42.34 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 45.3%. EPS of -$0.46 for the same period compares to $0.24 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $45.57 million, representing a surprise of -7.10%. The company delivered an EPS surprise of -100.00%, with the consensus EPS estimate being -$0.23.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...
Cambium (CMBM) Reports Q1 Loss, Lags Revenue Estimates
Zacks Investment Research· 2024-05-10 06:20
Cambium (CMBM) came out with a quarterly loss of $0.46 per share versus the Zacks Consensus Estimate of a loss of $0.23. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -100%. A quarter ago, it was expected that this company would post a loss of $0.34 per share when it actually produced a loss of $0.95, delivering a surprise of -179.41%.Over the last four quarters, the company has not been ab ...
Cambium Networks(CMBM) - 2024 Q1 - Quarterly Results
2024-05-10 04:05
Exhibit 99.1 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 loss of $16.7 million • Net loss of $26.4 million or a loss of $0.95 per diluted share, non-GAAP(1) net loss of $12.7 million or a loss of $0.46 per diluted share • Adjusted EBITDA(1) loss of $15.5 million or (36.7)% of revenues HOF ...
Ahead of Cambium (CMBM) Q1 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-05-08 22:16
In its upcoming report, Cambium (CMBM) is predicted by Wall Street analysts to post quarterly loss of $0.23 per share, reflecting a decline of 195.8% compared to the same period last year. Revenues are forecasted to be $45.57 million, representing a year-over-year decrease of 41.1%.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Prior ...
Exertis Enterprise and Cambium Networks Forge European Alliance Offering Network Edge Solutions
Prnewswire· 2024-05-02 17:00
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 (NASDAQ: CMBM), a leading global provider of networking solutions, today announced a strategic partnership with Exertis Enterprise, a global technology distributor and specialist service provider. While the partnership also includes activities in the NORDIC and UK/Ireland regions, the primary emphasis will be on ...
Cambium Networks Corporation Announces First Quarter 2024 Reporting Date
Prnewswire· 2024-04-22 17:30
HOFFMAN ESTATES, Ill., April 22, 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 the first quarter 2024 ended March 31, 2024, on Thursday, May 9, 2024. Conference Call and Webcast Cambium Networks will host a live webcast and conference call to discuss its financial results and Q&A at 4:30 p.m. ET, on Thursday, May 9, 2024. On the call will be M ...