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CMBMF $0.00 -96.00%
CMBMF · Cambium Networks Corp
Track CMBMF — free
$0.00 0.00 (-96.00%) At close · Nov 5
Market Cap
$145,164
Shares
29.03M
Volume · Nov 5 13.98K Avg daily vol (3M) 36.97K
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Earnings call · FY2024 Q1

Cambium Networks Corp (CMBMF) Q1 2024 Earnings Call

Concluded May 9, 2024
May 9, 2024
Period
FY2024 Q1
Runtime
—
Sources
2 artifacts
Revenue $47.07M -38% YoY
Diluted EPS -$0.66 -3400% YoY
Gross margin 29.8% -17.6 pp YoY
Net income -$18.45M -2849.3% YoY
Open full screen 8-K 10-Q

Executive readout · one minute

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Forward guidance

11 guided metrics

Management's latest ranges and targets are included below.

Research coverage

2 live sources

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Forward guidance

From the 8-K filed May 9, 2024.

Metric Guided Actual
Revenues Initiated
second quarter ending June 30, 2024
$43M – $48M $45.23M within
GAAP operating expenses Initiated
second quarter ending June 30, 2024
$27.7M – $28.7M —
Non-GAAP operating expenses Initiated
second quarter ending June 30, 2024
$24.6M – $25.6M —
Interest expense, net Initiated
second quarter ending June 30, 2024
$1.8M —
Non-GAAP effective tax benefit Initiated
second quarter ending June 30, 2024
25% —
Paydown of debt Initiated
second quarter ending June 30, 2024
$700,000 —
Cash interest expense Initiated
second quarter ending June 30, 2024
$1.7M —
Capital expenditures Initiated
second quarter ending June 30, 2024
$1.5M – $2.5M —
Revenues Lowered
Full Year 2024
$205M – $225M $177.29M below
GAAP gross margin Lowered
Full Year 2024
38% —
Non-GAAP gross margin Lowered
Full Year 2024
40% —

Quarter detail

How the reported period landed and where the business moved.

Revenue · regions

North America$25.14M -47.2% YoY
EMEA$12.54M -36.4% YoY
Asia Pacific$4.78M -25.5% YoY
Caribbean and Latin America$4.61M
Full-screen source Call document