Cambium Networks Q2 2024 EPS misses at $-0.25, revenue up 9% to $45.9M; Northland and Roth Mkm adjust price targets.
Cambium Networks (CMBM) missed earnings expectations for Q2 2024 with EPS at $-0.25 instead of the expected $-0.21, and reported revenue of $45.9M, up 9% sequentially. Northland Securities reduced its price target on CMBM from $7.00 to $5.00, while Roth Mkm cut its price target to $8.00 from $8.50. The company has an "outperform" rating from Northland Securities and a "buy" rating from Roth Mkm.
August 09, 2024
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