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Cambium's (CMBM) Wi-Fi Network Used by Moroccan Universities
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Cambium Network Corporation (CMBM - Free Report) recently announced that its wireless technology has been utilized by Morocco for Wi-Fi network deployment for higher education institutions across the country. The network will deliver multi-gigabit Wi-Fi 6 access to 12 key public universities spanning more than 200 campuses.
Morocco’s Connected Campus initiative equips more than 1.3 million Moroccan students, educators and administrative staff with seamless access to digital resources across the country's campuses.
CMBM’s advanced technologies that form an integral part of Morocco’s Connected Campus project are Indoor Wi-Fi 6, Outdoor Wi-Fi 6, Wi-Fi Designer, cnMaestro X cloud and MSP Dashboard.
The indoor XV2-2X Wi-Fi 6 access point, with its dual-radio configuration, delivers next-generation wireless speeds with edge services and supports a greater number of connected devices, enabling more students to access online resources without compromising quality.
The outdoor XV2-2T access point extends the reach of the network up to 1 km when combined with a Wi-Fi 6 solution with high-efficiency antennas, covering more area per device and reducing the overall cost of deployment, highlighted CMBM.
Furthermore, CMBM’s Wi-Fi Designer tool provides predictive heat mapping, optimizing the performance of the indoor access points to ensure maximum efficiency. Also, the cnMaestro X cloud-based management solution gives secure and comprehensive control over the network, with features like zero-touch provisioning and AI-powered analytics for troubleshooting.
Rolling Meadows, IL-based Cambium is one of the leading wireless solutions providers, connecting people with a flexible network infrastructure. Its innovative offerings fuel the creation of a unified wireless fabric that spans across multiple frequencies of Wi-Fi, managed centrally via the cloud.
In the last reported quarter, CMBM’s revenues plunged 45% year over year to $42.3 million. The downtick was due to softness across all business segments, high inventory levels and persistence of macroeconomic headwinds. Aggressive discount strategies due to staying afloat in the competition and weak economic growth also led to revenue contraction. The top line missed the Zacks Consensus Estimate by 3%.
The stock has plunged 81.6% in the past year against the industry’s growth of 17.7%.
Image Source: Zacks Investment Research
Cambium currently carries a Zacks Rank #3 (Hold).
Stocks to Consider
NVIDIA Corporation (NVDA - Free Report) , sporting a Zacks Rank #1 (Strong Buy) at present, delivered a trailing four-quarter earnings surprise of 18.43%, on average. In the last reported quarter, it delivered an earnings surprise of 11.48%. You can see the complete list of today’s Zacks #1 Rank stocks here.
NVIDIA is the worldwide leader in visual computing technologies and the inventor of the graphic processing unit. Over the years, the company’s focus evolved from PC graphics to AI-based solutions that support high-performance computing, gaming and virtual reality platforms.
Arista Networks, Inc. (ANET - Free Report) , sporting a Zacks Rank #1 at present, is likely to benefit from strong momentum and diversification across its top verticals and product lines. The company has a software-driven, data-centric approach to help customers build their cloud architecture and enhance their cloud experience. Arista has a long-term earnings growth expectation of 15.68% and delivered an earnings surprise of 15.39%, on average, in the trailing four quarters.
It holds a leadership position in 100-gigabit Ethernet switching share in port for the high-speed datacenter segment. Arista is increasingly gaining market traction in 200 and 400-gig high-performance switching products and remains well-positioned for healthy growth in data-driven cloud networking business with proactive platforms and predictive operations.
Silicon Motion Technology Corporation (SIMO - Free Report) , sporting a Zacks Rank #1 at present, delivered a trailing four-quarter average earnings surprise of 4.72%.
It is a leading developer of microcontroller ICs for NAND flash storage devices. The semiconductor company also designs, develops and markets high-performance, low-power semiconductor solutions for original equipment manufacturers and other customers.
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Cambium's (CMBM) Wi-Fi Network Used by Moroccan Universities
Cambium Network Corporation (CMBM - Free Report) recently announced that its wireless technology has been utilized by Morocco for Wi-Fi network deployment for higher education institutions across the country. The network will deliver multi-gigabit Wi-Fi 6 access to 12 key public universities spanning more than 200 campuses.
Morocco’s Connected Campus initiative equips more than 1.3 million Moroccan students, educators and administrative staff with seamless access to digital resources across the country's campuses.
CMBM’s advanced technologies that form an integral part of Morocco’s Connected Campus project are Indoor Wi-Fi 6, Outdoor Wi-Fi 6, Wi-Fi Designer, cnMaestro X cloud and MSP Dashboard.
The indoor XV2-2X Wi-Fi 6 access point, with its dual-radio configuration, delivers next-generation wireless speeds with edge services and supports a greater number of connected devices, enabling more students to access online resources without compromising quality.
The outdoor XV2-2T access point extends the reach of the network up to 1 km when combined with a Wi-Fi 6 solution with high-efficiency antennas, covering more area per device and reducing the overall cost of deployment, highlighted CMBM.
Furthermore, CMBM’s Wi-Fi Designer tool provides predictive heat mapping, optimizing the performance of the indoor access points to ensure maximum efficiency. Also, the cnMaestro X cloud-based management solution gives secure and comprehensive control over the network, with features like zero-touch provisioning and AI-powered analytics for troubleshooting.
Rolling Meadows, IL-based Cambium is one of the leading wireless solutions providers, connecting people with a flexible network infrastructure. Its innovative offerings fuel the creation of a unified wireless fabric that spans across multiple frequencies of Wi-Fi, managed centrally via the cloud.
In the last reported quarter, CMBM’s revenues plunged 45% year over year to $42.3 million. The downtick was due to softness across all business segments, high inventory levels and persistence of macroeconomic headwinds. Aggressive discount strategies due to staying afloat in the competition and weak economic growth also led to revenue contraction. The top line missed the Zacks Consensus Estimate by 3%.
The stock has plunged 81.6% in the past year against the industry’s growth of 17.7%.
Image Source: Zacks Investment Research
Cambium currently carries a Zacks Rank #3 (Hold).
Stocks to Consider
NVIDIA Corporation (NVDA - Free Report) , sporting a Zacks Rank #1 (Strong Buy) at present, delivered a trailing four-quarter earnings surprise of 18.43%, on average. In the last reported quarter, it delivered an earnings surprise of 11.48%. You can see the complete list of today’s Zacks #1 Rank stocks here.
NVIDIA is the worldwide leader in visual computing technologies and the inventor of the graphic processing unit. Over the years, the company’s focus evolved from PC graphics to AI-based solutions that support high-performance computing, gaming and virtual reality platforms.
Arista Networks, Inc. (ANET - Free Report) , sporting a Zacks Rank #1 at present, is likely to benefit from strong momentum and diversification across its top verticals and product lines. The company has a software-driven, data-centric approach to help customers build their cloud architecture and enhance their cloud experience. Arista has a long-term earnings growth expectation of 15.68% and delivered an earnings surprise of 15.39%, on average, in the trailing four quarters.
It holds a leadership position in 100-gigabit Ethernet switching share in port for the high-speed datacenter segment. Arista is increasingly gaining market traction in 200 and 400-gig high-performance switching products and remains well-positioned for healthy growth in data-driven cloud networking business with proactive platforms and predictive operations.
Silicon Motion Technology Corporation (SIMO - Free Report) , sporting a Zacks Rank #1 at present, delivered a trailing four-quarter average earnings surprise of 4.72%.
It is a leading developer of microcontroller ICs for NAND flash storage devices. The semiconductor company also designs, develops and markets high-performance, low-power semiconductor solutions for original equipment manufacturers and other customers.