Cambium: Q4 Earnings Snapshot

ROLLING MEADOWS, Ill. (AP) — ROLLING MEADOWS, Ill. (AP) — Cambium Networks Corporation (CMBM) on Thursday reported a loss of $39 million in its fourth quarter.

The Rolling Meadows, Illinois-based company said it had a loss of $1.41 per share. Losses, adjusted for pretax expenses and stock option expense, were 95 cents per share.

The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 34 cents per share.

The company posted revenue of $40.2 million in the period, also falling short of Street forecasts. Four analysts surveyed by Zacks expected $41.8 million.

For the year, the company reported a loss of $63.6 million, or $2.31 per share. Revenue was reported as $220.2 million.

For the current quarter ending in March, Cambium expects its results to range from a loss of 31 cents per share to a loss of 22 cents per share.

The company said it expects revenue in the range of $43 million to $48 million for the fiscal first quarter.

Cambium expects full-year results to range from a loss of 48 cents per share to earnings of 8 cents per share, with revenue ranging from $215 million to $245 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CMBM at https://www.zacks.com/ap/CMBM