Cambium Networks Corp

Cambium Networks Corp. engages in the provision of wireless broadband networking infrastructure solutions for network operators. Its products include point-to-point, enterprise Wi-Fi and switching, CCTV,software, and point-to multipoint. The company was founded in 2011 and is headquartered in Rolling Meadows, IL.

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Cambium Networks excels in Q4, eyes growth in 6 GHz products

Cambium Networks delivered strong Q4 2022 results, with robust revenue growth and profitability exceeding expectations, driven by enterprise and PTP business segments.
The company's focus on innovative solutions, channel expansion, and strategic investments in 6-gigahertz products position it well for future growth and market expansion.
While facing challenges in channel inventory management and supply chain improvements, Cambium Networks remains optimistic about growth opportunities in 2023 and beyond.
By leveraging its strengths in new product introductions, customer wins, and market positioning, Cambium Networks aims to accelerate growth and capitalize on emerging trends.

Cambium Networks excels in Q1 2023, eyes growth through new products and market expansion

Cambium Networks Corp delivered strong Q1 2023 results, exceeding revenue and margin expectations, driven by Enterprise business growth and notable customer wins.
While facing challenges in certain regions and supply constraints, the company is poised for growth through new product releases, channel expansion, and cost efficiencies.
Opportunities in software services, mid-tier customer focus, and cost controls provide avenues for margin expansion and sustained profitability.
Overall, Cambium Networks' strategic positioning post-COVID emphasizes product diversity, innovation, and operational excellence for future success.

Cambium Networks reports mixed Q2 results, eyes growth opportunities

Cambium Networks faces revenue challenges in the Enterprise sector but shows strength in PTP and PMP businesses, supported by cost reduction initiatives.
Strategic partnerships, product innovations, and focus on key growth areas position Cambium well to navigate market dynamics and drive future growth.
While cautious about the Enterprise sector, Cambium eyes opportunities in defense products, new offerings, and emerging wireless technologies for revenue expansion.

Cambium Networks Corp reports mixed Q3 results, focuses on growth

Cambium Networks Corp faced challenges in Q3 '23 with revenue underperformance and enterprise revenue decline. However, record revenues in fixed products and new product introductions signal growth potential.
The company's cost reduction plan and focus on operational efficiency are strengths that could lead to improved financial performance. Opportunities for market expansion exist through product innovation and customer wins.
Future success hinges on consolidating product lines, emphasizing top-tier products, and reducing operating expenses to drive competitiveness and profitability.

Cambium Networks reports Q4 challenges but eyes growth in 2024

Cambium Networks faced challenges in Q4 '23 with revenue and gross margin declines, but opportunities lie in upcoming product launches and improved financial outlook for 2024. Key strengths include customer wins and a focus on innovation.

Cambium Networks reports Q1 revenue miss, eyes growth opportunities

Cambium Networks faced challenges in Q1 '24 with revenue below guidance, but showed strengths in key customer wins and revenue growth opportunities.
Efforts to manage channel inventories and improve gross margins indicate proactive measures to address operational challenges and enhance profitability.
The company's financial outlook for Q2 '24 and full year 2024 suggests a positive trajectory with expectations of revenue growth and margin improvement.

Cambium Networks Corp reports strong Q3 earnings and eyes market expansion

Cambium Networks Corp demonstrated solid financial performance in Q3 '24, with revenue meeting expectations and notable improvements in margins and cash flow.
The company's focus on expense control and operational efficiency yielded positive results, reflected in reduced operating expenses and positive free cash flow.
While facing challenges in product mix and distribution channel optimization, Cambium has opportunities for growth through new customer launches and product innovations.

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Cambium Networks Corp. is a holding company, which engages in the provision of wireless broadband networking infrastructure solutions for network operators. Its products include point-to-point, enterprise Wi-Fi and switching, CCTV, software, and point-to multipoint. The company was founded in 2011 and is headquartered in Hoffman Estates, IL.

Cambium Networks Corporation (NASDAQ:CMBM ) Q3 2024 Results Conference Call November 7, 2024 4:30 PM ET Company Participants Morgan Kurk - President and CEO Jacob Sayer - CFO Conference Call Participants John Roy - Water Tower Research Operator Good day, and thank you for standing by. Welcome to the Cambium Networks Third Quarter 2024 Financial Results Conference Call.

Cambium Networks Corporation (CMBM) Q3 2024 Earnings Call Transcript

Healthy traction in the Enterprise segment supports Cambium's top line in Q3. Healthy growth in the gross margin and free cash flow are positives.

CMBM Q3 Loss Narrower Than Expected on Solid Enterprise Revenue Growth

While the top- and bottom-line numbers for Cambium (CMBM) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Cambium (CMBM) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Cambium (CMBM) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to loss of $0.44 per share a year ago.

Cambium (CMBM) Reports Q3 Loss, Lags Revenue Estimates

Revenues of $43.7 million decreased 5% sequentially Gross margin of 39.9% and non-GAAP(1) gross margin of 42.3%, both higher sequentially Operating loss of $8.1 million, non-GAAP(1) operating loss of $3.6 million Net loss of $9.7 million or a loss of $0.34 per diluted share; non-GAAP(1) net loss of $3.8 million or a loss of $0.14 per diluted share Net cash provided by operating activities of $8.9 million; $46.5 million cash on the balance sheet Adjusted EBITDA(1) loss of $2.3 million or (5.3)% of revenues, an improvement of 65% sequentially HOFFMAN ESTATES, Ill. , Nov. 7, 2024 /PRNewswire/ -- Cambium Networks Corporation  ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless and wired networking infrastructure solutions, today announced financial results for the third quarter 2024 ended September 30, 2024.

Cambium Networks Reports Third Quarter 2024 Financial Results

HOFFMAN ESTATES, Ill. , Oct. 28, 2024 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless networking infrastructure solutions, today announced that it plans to report financial results for the third quarter 2024 ended September 30, 2024, on Thursday, November 7, 2024.

Cambium Networks Corporation Announces Third Quarter 2024 Reporting Date

The initiative reflects CMBM's commitment to corporate social responsibility and its dedication to creating inclusive opportunities.

Cambium Aims to Bridge Chicago's Digital Divide: Stock to Benefit?

Exelon

Collaboration Aims to Increase Access to Affordable High-Speed Broadband in Underserved Communities Benefitting Over 440,000 Households HOFFMAN ESTATES, Ill. , Aug. 29, 2024 /PRNewswire/ -- Cambium Networks (NASDAQ: CMBM), a leading global provider of wireless and wired networking solutions, today announced a strategic collaboration with QUILT, a 501(c)(3) nonprofit organization, NODE Networks, TMA Technology Solutions, and ComEd to enhance digital equity in underserved communities across Chicago as part of QUILT's Broadband Access for Brighter Futures Program.

Cambium Networks Collaborates with QUILT and NODE Networks to Bridge the Digital Divide in Chicago

Explore how Cambium's (CMBM) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.

Don't Overlook Cambium (CMBM) International Revenue Trends While Assessing the Stock

A decline in net sales, high customer inventory levels and macroeconomic headwinds led to lower revenues for Cambium (CMBM) in second-quarter 2024.

Cambium (CMBM) Q2 Loss Wider Than Expected on Lower Revenues

Cambium Networks Corporation (NASDAQ:CMBM ) Q2 2024 Results Conference Call August 8, 2024 4:30 PM ET Company Participants Peter Schuman - VP, Investor, Industry Analysts and Public Relations Morgan Kurk - President and CEO Jacob Sayer - CFO Conference Call Participants Scott Searle - Roth Capital Simon Leopold - Raymond James Operator Good afternoon. My name is Steven, and I will be your conference operator today.

Cambium Networks Corporation (CMBM) Q2 2024 Earnings Call Transcript

Although the revenue and EPS for Cambium (CMBM) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Here's What Key Metrics Tell Us About Cambium (CMBM) Q2 Earnings

Cambium (CMBM) came out with a quarterly loss of $0.25 per share versus the Zacks Consensus Estimate of a loss of $0.21. This compares to earnings of $0.03 per share a year ago.

Cambium (CMBM) Reports Q2 Loss, Tops Revenue Estimates

Revenues of $45.9 million increased 9% sequentially Gross margin of 31.4%, non-GAAP( 1) gross margin of 33.5% Operating loss of $12.1 million, non-GAAP( 1) operating loss of $7.9 million Net loss of $9.1 million or a loss of $0.33 per diluted share, non-GAAP( 1) net loss of $7.1 million or a loss of $0.25 per diluted share Net cash provided by operating activities of $2.4 million; $42.6 million cash on the balance sheet Adjusted EBITDA( 1) loss of $6.7 million or (14.5)% of revenues, an improvement of 57% sequentially HOFFMAN ESTATES, Ill. , Aug. 8, 2024 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless and wired networking infrastructure solutions, today announced financial results for the second quarter 2024 ended June 30, 2024.

Cambium Networks Reports Second Quarter 2024 Financial Results

HOFFMAN ESTATES, Ill. , Aug. 1, 2024 /PRNewswire/ -- Cambium Networks (NASDAQ: CMBM), a leading provider of wireless and wired networking solutions, and Cal.net, a premier provider of TV, Phone, and High-Speed Broadband services throughout the Central Valley and rural Northern California, today announced the deployment of a 6 GHz fixed wireless access (FWA) network following the recent approval by the United States Federal Communications Commission (FCC) for outdoor use of 6 GHz spectrum.

Cambium Networks and Cal.net Announce Advanced 6 GHz Fixed Wireless Broadband Network for Underserved Locations

NEW YORK, NY / ACCESSWIRE / July 22, 2024 / If you suffered a loss on your Cambium Networks Corporation (NASDAQ:CMBM) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/cambium-networks-lawsuit-submission-form?prid=91690&wire=1 or contact Joseph E. Levi, Esq.

Investors who lost money on Cambium Networks Corporation(CMBM) should contact Levi & Korsinsky about pending Class Action - CMBM

LOS ANGELES, CA / ACCESSWIRE / July 22, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Cambium Networks Corporation ("Cambium" or "the Company") (NASDAQ:CMBM) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between May 8, 2023 and January 18, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before July 22, 2024.

The Schall Law Firm Encourages Shareholders Who Suffered Losses In Cambium Networks Corporation To Begin Conversation Prior To The Deadline

NEW YORK, July 22, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Cambium Networks Corporation (NASDAQ: CMBM).

Lost Money on Cambium Networks Corporation (CMBM)? Join Class Action Suit Seeking Recovery – Contact The Gross Law Firm

NEW YORK, NY / ACCESSWIRE / July 22, 2024 / If you suffered a loss on your Cambium Networks Corporation (NASDAQ:CMBM) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/cambium-networks-lawsuit-submission-form?prid=91631&wire=1 or contact Joseph E. Levi, Esq.

Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of July 22, 2024 in Cambium Networks Lawsuit - CMBM

LOS ANGELES--(BUSINESS WIRE)--CMBM Investors Have Opportunity to Lead Cambium Networks Corporation Securities Fraud Lawsuit with the Schall Law Firm.

CMBM Investors Have Opportunity to Lead Cambium Networks Corporation Securities Fraud Lawsuit with the Schall Law Firm

NEW YORK , July 22, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Cambium Networks Corporation ("Cambium Networks" or the "Company") (NASDAQ: CMBM) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Cambium Networks investors who were adversely affected by alleged securities fraud between May 8, 2023 and January 18, 2024.

Cambium Networks Corporation Sued for Securities Law Violations - Contact Levi & Korsinsky Before July 22, 2024 to Discuss Your Rights - CMBM

NEW YORK, NY / ACCESSWIRE / July 22, 2024 / If you suffered a loss on your Cambium Networks Corporation (NASDAQ:CMBM) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/cambium-networks-lawsuit-submission-form?prid=91560&wire=1 or contact Joseph E. Levi, Esq.

Levi & Korsinsky Notifies Shareholders of Cambium Networks Corporation (CMBM) of a Class Action Lawsuit and an Upcoming Deadline

NEW YORK, NY / ACCESSWIRE / July 22, 2024 /Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Cambium Networks Corporation ("Cambium" or "the Company") (NASDAQ:CMBM) and certain of its officers. Class Definition: This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Cambium securities between May 8, 2023 and January 18, 2024, inclusive (the "Class Period").

FINAL CMBM DEADLINE: Bronstein, Gewirtz & Grossman LLC Reminds Cambium Networks Corporation Investors to Join the Class Action Lawsuit!

NEW YORK, NY / ACCESSWIRE / July 21, 2024 / If you suffered a loss on your Cambium Networks Corporation (NASDAQ:CMBM) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/cambium-networks-lawsuit-submission-form?prid=91516&wire=1 or contact Joseph E. Levi, Esq.

Shareholders that lost money on Cambium Networks Corporation(CMBM) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More

NEW YORK, NY / ACCESSWIRE / July 20, 2024 / If you suffered a loss on your Cambium Networks Corporation (NASDAQ:CMBM) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/cambium-networks-lawsuit-submission-form?prid=91511&wire=1 or contact Joseph E. Levi, Esq.

Levi & Korsinsky Reminds Cambium Networks Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 22, 2024 - CMBM

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