How did CMBM's Q4 2023 earnings surprise impact its stock?

Cambium Networks (CMBM) experienced a notable decline in its stock price following the release of the Q4 2023 earnings report. The company's earnings per share (EPS) fell by $0.56, which significantly contributed to a 4.9% decrease in the stock's price. This negative reaction from the market suggests that investors may have had concerns about the company's financial performance or future prospects, leading to a decline in the stock's value.

|code|Ticker|Name|Date|Estimate EPS YoY|Estimate Revenue YoY|market_code|
|---|---|---|---|---|---|---|
|CMBM|CMBM.O|Cambium Networks|20230331|900|23.063352044907777|185|
|CMBM|CMBM.O|Cambium Networks|20230630|199.99999999999994|13.912789849788537|185|
|CMBM|CMBM.O|Cambium Networks|20230930|-147.3684210526316|-42.08114301118749|185|
|CMBM|CMBM.O|Cambium Networks|20231231|-256|-49.86601705237515|185|