Cambium Networks (NASDAQ:CMBM – Get Free Report) will likely be releasing its quarterly earnings results before the market opens on Thursday, February 20th. Analysts expect Cambium Networks to post earnings of ($0.14) per share and revenue of $42.98 million for the quarter.
Cambium Networks Stock Down 2.9 %
Shares of Cambium Networks stock opened at $1.35 on Thursday. The business’s fifty day simple moving average is $1.00 and its 200-day simple moving average is $1.36. The firm has a market cap of $38.12 million, a PE ratio of -0.45 and a beta of 1.12. Cambium Networks has a 52 week low of $0.64 and a 52 week high of $4.92.
Analyst Ratings Changes
Separately, Northland Securities lowered their price objective on shares of Cambium Networks from $5.00 to $3.00 and set an “outperform” rating for the company in a research report on Tuesday, November 12th.
About Cambium Networks
Cambium Networks Corporation, together with its subsidiaries, engages in the design, development, and manufacture of 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 6/6E access points which support cnMaestro and Xirrus XMS management.
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