Cambium Networks Corp (CMBM) FY2024Q1 Earning Prediction

05/09 04:00:00

Cambium Networks Corp (CMBM) is set to release its earnings performance on 05/09 04:00:00 in trading. Consensus forecasts predict a revenue of 45.14M and an earnings per share (EPS) of -0.32 for the . With Intellectia's exclusive AI algorithms, users can predict whether the earnings will beat or miss expectations before the report drops. Leverage this powerful tool to strategize and position your trades ahead of the earnings release!

Estimate

Actual

Surprise

RevenueMISS

45.14M

42.34M

-6.22%

EPSMISS

-0.32

-0.53

-65.62%

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Earnings Surprise Analysis

The chart displays the extent of earnings surprises and corresponding stock price movements for each earnings event.

Revenue

EPS

CMBM Transcript

Cambium Networks Corporation (CMBM) Q3 2024 Earnings Call Transcript

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The earnings call presents a mixed picture. Financial performance shows improvement in margins and cash flow, but challenges remain with defense revenue and covenant compliance. Product developments and enterprise growth are positive, yet market competition and economic factors pose risks. The Q&A reveals optimism for gross margin improvements, but uncertainty about defense business and banking issues. Overall, the sentiment is neutral, with balanced positives and negatives, leading to an expected stock price movement within the neutral range of -2% to 2% over the next two weeks.

Cambium Networks Corporation (CMBM) Q2 2024 Earnings Call Transcript

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The earnings call indicates mixed signals: sequential revenue growth and improved gross margins are positive, but ongoing net losses and inventory challenges pose concerns. The Q&A suggests cautious optimism with expected improvements in Q4. However, unclear responses on PMP revenues and ongoing defense project delays add uncertainty. Overall, the neutral sentiment is due to balanced positives and negatives without significant catalysts to drive a strong stock price movement.

Cambium Networks Corporation (CMBM) Q1 2024 Earnings Call Transcript

Neutral5-11

Cambium Networks Corporation (CMBM) Q3 2023 Earnings Call Transcript

Neutral11-3

CMBM Report

Cambium Networks Corp 10-Q

10-Q

2024-11-12

Cambium Networks Corp 10-Q

10-Q

2024-05-10

Cambium Networks Corp 10-K

10-K

2024-03-15

Cambium Networks Corp 10-Q

10-Q

2023-11-03

Frequently Asked Questions

What is the Cambium Networks Corp FY2024Q1 Earnings Release Date and Time?

Cambium Networks Corp (CMBM) is scheduled to release its FY2024Q1 earnings report onMay 9, 2024, (approximately 4:00 PM ET). This timing allows investors to react during after-hours trading, with a conference call typically following shortly after.

What Are the Consensus Forecasts for Cambium Networks Corp FY2024Q1 Revenue and EPS?

Analysts' consensus predicts 45.14M in revenue and an EPS of -0.32 for Cambium Networks Corp's FY2024Q1.

What Does Intellectia's AI Predict for Cambium Networks Corp FY2024Q1 Earnings?

Intellectia's exclusive AI algorithms forecast a forCambium Networks Corp's FY2024Q1 earnings, with a prediction date of May 9, 2024. Cambium Networks Corp

How Can I Use This Earnings Prediction to Trade CMBM Stock?

Leverage Intellectia's AI forecast to position trades ahead of theMay 9, 2024 release—consider calls for a beat scenario or protective puts for misses. Focus on pre-market volatility, and use the scenario probabilities to build strategies around revenue and guidance updates.

How Accurate Is Intellectia's AI for Earnings Predictions Like Cambium Networks Corp FY2024Q1?

Intellectia's predictions are backed by rigorous backtesting, showing a high hit rate for Beat and Miss calls compared to traditional analysis. While no forecast is 100% certain, we provide probability-based scenarios (e.g., 50% chance of a *Beat*) and detailed rationales to help you make informed decisions. Combine our insights with your strategy for the best results—it's like having a co-pilot for earnings season! Empowering users to strategize trades before reports drop.

How does AI Earnings Prediction generate its forecasts?

AI Earnings Prediction uses advanced Large Language Models (LLMs) to analyze a wealth of data, including past earnings transcripts, real-time market sentiment, analyst insights, and company news from the last three months. It focuses on key indicators like revenue, EPS, and margins to predict whether a company will *Beat*, *Miss*, or remain Neutral relative to market expectations. Think of it as a super-smart analyst crunching numbers and news 24/7 to give you a trading edge!

When are the predictions available, and how often are they updated?

Predictions are generated two days before a company’s earnings release (e.g., 5:00 PM ET on Feb 13 for a Feb 15 report) to capture the latest market and company data. They’re updated in real-time if significant news breaks, ensuring you get fresh insights.

Can I use AI Earnings Prediction for all types of stocks?

Currently, AI Earnings Prediction focuses on companies with market caps above $40 billion, covering major players like SPG, AAPL, MSFT, and NVDA for the 2024-2025 earnings seasons. We prioritize high-impact stocks with robust data to ensure reliable forecasts. Stay tuned as we expand coverage to more companies based on user demand!