Cambium Sees Q3 Adj. EPS $0.13-$0.25 vs $0.32 Est., Revenues $62M-$70M vs $84.72M Est.
Portfolio Pulse from Benzinga Newsdesk
Cambium Networks Corporation (CMBM) has projected its Q3 adjusted EPS to be between $0.13 and $0.25, lower than the estimated $0.32. The company also expects its revenues to be between $62M and $70M, which is less than the estimated $84.72M.
August 04, 2023 | 10:29 am
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Cambium's lower than expected Q3 earnings and revenue projections may negatively impact its stock price.
Cambium's projected Q3 earnings and revenues are lower than the estimates. This could lead to a negative sentiment among investors, potentially causing a decrease in the stock price.
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IMPORTANCE 80
RELEVANCE 100