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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

ROLLING MEADOWS, Ill., Feb. 17, 2022 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless networking infrastructure solutions, today announced financial results for the fourth quarter and full year 2021 ended December 31, 2021.

Cambium Networks Reports Fourth Quarter and Full Year 2021 Financial Results

Raymond James analyst Simon Leopold double upgraded Cambium Networks Corp  CMBM to Strong Buy from Market Perform with a $35 price target, implying an upside of 57.6%. Leopold believes fundamental demand remains solid, with temporary supply chain constraints depressing near-term results.

Cambium Networks Shares Pop On Double Upgrade By Raymond James

ROLLING MEADOWS, Ill., Jan. 27, 2022 /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 fourth quarter and full year 2021 ended Dec. 31, 2021 on Thursday, Feb. 17, 2022.

Cambium Networks Corporation Announces Fourth Quarter and Full Year 2021 Reporting Date

ROLLING MEADOWS, Ill., Jan. 11, 2022 /PRNewswire/ --  Cambium Networks  (NASDAQ: CMBM), a leading global provider of wireless networking solutions, today announced new Wi-Fi 6E solutions for the enterprise.

Cambium Networks Launches Software-Defined Wi-Fi 6E Solutions that Triple Wi-Fi AP Capacity with 6 GHz Support

ROLLING MEADOWS, Ill., Dec. 14, 2021 /PRNewswire/ -- Cambium Networks (NASDAQ: CMBM), a leading global provider of wireless networking solutions, today announced that Buckeye Mountain, a leading system integrator of communications solutions to the railroad and intermodal industries, has integrated Cambium Networks' fixed wireless and outdoor Wi-Fi technology into their Rapid Deploy family of connectivity solutions.

Cambium Networks Fixed Wireless and Outdoor Wi-Fi Technologies Enable Buckeye Mountain to Improve Efficiency at Shipping Ports and Rail Yards

ROLLING MEADOWS, Ill. , Dec. 7, 2021 /PRNewswire/ -- Cambium Networks  (NASDAQ: CMBM), a leading global provider of wireless networking solutions, today announced the availability of a 5G based fixed wireless access solution.

Cambium Networks Announces 28 GHz cnWave™ Multi-Gigabit 5G Fixed Wireless Solution

ROLLING MEADOWS, Ill., Nov. 30, 2021 /PRNewswire/ -- Despite the unprecedented challenges brought on by the COVID-19 pandemic and uncertainty in the economic climate, optimism among wireless broadband service providers is at a record high, according to a survey released today by Cambium Networks  (NASDAQ: CMBM), a leading global provider of wireless networking solutions.

Wireless Broadband Service Provider Optimism Reaches an All-Time High Despite Lingering Pandemic and Economic Uncertainty

Leveraging ePMP fixed wireless broadband technology, Cambium (CMBM) will provide high-quality Internet to more than 60,000 residential, business and enterprise customers in Libya.

Cambium (CMBM) to Power Broadband Connectivity in Libya

Cambium (CMBM) teams up with Lnet to boost the network infrastructure of Libya on the back of ePMP fixed wireless broadband technology and cnMaestro network management capabilities.

Cambium (CMBM) Boosts Lnet's Network With ePMP Fixed Wireless

ROLLING MEADOWS, Ill., Nov. 23, 2021 /PRNewswire/ -- Cambium Networks  (NASDAQ: CMBM), a leading global provider of wireless networking solutions, today announced that Lnet has deployed ePMP™ fixed wireless broadband technology to connect more than 60,000 residential, business and enterprise customers in Libya.

Cambium Networks ePMP Fixed Wireless Technology Enables Lnet to Serve 60,000 Subscribers in Libya

Cambium Networks Corp (CMBM) CEO Atul Bhatnagar on Q3 2021 Results - Earnings Call Transcript

Solid demand trends and secular growth drivers enable Cambium (CMBM) to beat third-quarter earnings estimates despite supply chain headwinds.

Cambium (CMBM) Beats on Q3 Earnings Despite Supply Chain Woes

Cambium (CMBM) delivered earnings and revenue surprises of 76.92% and 1.00%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Cambium (CMBM) Q3 Earnings and Revenues Beat Estimates

ROLLING MEADOWS, Ill., Nov. 4, 2021 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless networking infrastructure solutions, today announced financial results for the third quarter 2021 ended September 30, 2021.

Cambium Networks Reports Third Quarter 2021 Financial Results

Cambium Networks 60 GHz cnWave Technology Enables Jade Communications to Deliver Multi-Gigabit Wireless Speeds in Colorado

ROLLING MEADOWS, Ill., Oct. 27, 2021 /PRNewswire/ -- Cambium Networks (NASDAQ: CMBM), a leading global provider of wireless networking solutions, today announced that The Statue of Liberty-Ellis Island Foundation, Inc. has deployed Cambium Networks' indoor and outdoor Wi-Fi access points to connect the more than 4 million people who visit Liberty Island and the Statue of Liberty Museum each year.

Cambium Networks Wi-Fi Solutions Help Connect People to Their Heritage on Liberty Island

ROLLING MEADOWS, Ill., Oct. 21, 2021 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless networking infrastructure solutions, today announced select preliminary financial results for the third quarter 2021 ended September 30, 2021 and plans to report full financial results on Thursday, November 4, 2021.

Cambium Networks Corporation Announces Preliminary Third Quarter 2021 Revenues and Reporting Date

ROLLING MEADOWS, Ill., Oct. 12, 2021 /PRNewswire/ -- Cambium Networks (NASDAQ: CMBM), a leading global provider of fixed wireless and Wi-Fi networking solutions, today announced it has received the Manufacturer of the Year Award by the members of the  Wireless ISP Association (WISPA).

Cambium Networks Recognized by Wireless ISPs for Leadership in Fixed Wireless and Wi-Fi Solutions

SAN JOSÉ, Calif. and ROLLING MEADOWS, Ill.

City of San José Launches Downtown Public Wi-Fi Network with Gigabit Fixed Wireless Mesh Infrastructure Technology from Cambium Networks

Cambium (CMBM) partners with First Distribution to boost the supply of its wireless fabric portfolio of communication solutions in Africa.

Cambium (CMBM) Augments Supply of Wireless Solutions in Africa

ROLLING MEADOWS, Ill., Sept. 19, 2021 /PRNewswire/ --  Cambium Networks  (NASDAQ: CMBM), a leading global provider of wireless networking solutions, today announced that Pentanet is building neXus, a multi-gigabit fixed wireless network across the metro area in Perth, Australia, to provide internet access for business and residential subscribers.

Cambium Networks 60 GHz cnWave Technology Enables Pentanet to Rapidly Build a Multi-Gigabit Fixed Wireless Network Serving Perth, Australia

Cambium (CMBM) partners with system integrators to enhance the connectivity of multi-dwelling developments and hospitality campuses with its state-of-the-art wireless solutions.

Cambium (CMBM) Powers MDU Connectivity With Wireless Solutions

ROLLING MEADOWS, Ill., Sept. 14, 2021 /PRNewswire/ -- Cambium Networks  (NASDAQ: CMBM), a leading global provider of wireless networking solutions, today announced new XV2-2T outdoor Wi-Fi 6 access points capable of covering significantly larger areas in campus area networks and public Wi-Fi hotspot applications compared to competitive solutions.

Cambium Networks Expands Outdoor Wireless Solutions for Campus and Public Networks with Trailblazing Wi-Fi 6 Performance and Range

ROLLING MEADOWS, Ill., Sept. 10, 2021 /PRNewswire/ --  Cambium Networks  (NASDAQ: CMBM), a leading global provider of wireless networking solutions, today announced that multiple enterprise focused system integrator partners are delivering higher throughput performance and efficiency using wireless connectivity.

System Integrators Improve Hospitality and Multi-Dwelling Unit Clients' Bottom Line with Wireless Solutions from Cambium Networks

Cambium (CMBM) reported earnings 30 days ago. What's next for the stock?

News for Cambium Networks Corp Stock (CMBM)