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.

Revenues of $40.2 million, decreased 7% sequentially, and decreased 52% year-over-year Gross margin of (21.7)%, non-GAAP(1) gross margin of (19.4)% Operating loss of $39.3 million, non-GAAP(1) operating loss of $34.1 million Net loss of $39.0 million or a loss of $1.41 per diluted share, non-GAAP(1) net loss of $26.4 million or a loss of $0.95 per diluted share Adjusted EBITDA(1) loss of $32.9 million or (81.8)% of revenues ROLLING MEADOWS, Ill., Feb. 15, 2024 /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 ended December 31, 2023.

Cambium Networks Reports Fourth Quarter and Full Year 2023 Financial Results

Cambium (CMBM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Cambium (CMBM) to Report a Decline in Earnings: What to Look Out for

ROLLING MEADOWS, Ill. , Jan. 18, 2024 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless networking infrastructure solutions, today announced preliminary revenues for the fourth quarter 2023 ended December 31, 2023.

Cambium Networks Corporation Announces Preliminary Fourth Quarter 2023 Revenues, Reporting Date and CFO Transition

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Cambium (CMBM) introduces a new Wi-Fi 6 home router and subscriber application to enhance residential broadband services.

Cambium (CMBM) Launches Advanced Home Router Solution

New residential Wi-Fi 6 home router and subscriber application from Cambium Networks reduce support costs of end-to-end broadband service delivery while enabling exceptional subscriber experiences ROLLING MEADOWS, Ill. , Jan. 9, 2024 /PRNewswire/ -- Cambium Networks (NASDAQ: CMBM), a leading global provider of networking solutions, announced it is now shipping the RV22 Wi-Fi 6 Home Mesh Router Solution comprised of a new Wi-Fi 6 router, cloud workflows designed to reduce complexity, brandable Customer Premise Equipment (CPE) and subscriber application.

New Opportunity for Residential Broadband Service Providers: High Throughput, Managed Wi-Fi Mesh with Value Added Services

Cambium Networks is down more than 70% over the past year. Quantitative factors now suggest the market is overdiscounting the issue. Management is taking steps that support reversing the poor performance. I'm issuing a Buy rating, but at the same time, I suggest managing the risk that distressed securities pose by diversifying rather than just buying single issues.

Cambium Networks: Buy It For The Upside In A Diversified Portfolio

Nextlink has selected Cambium's (CMBM) 6 GHz fixed wireless technology to offer its subscribers superior Internet access and expand coverage in rural and suburban areas.

Cambium (CMBM) Solution to Boost Connectivity in Rural Areas

Major broadband service provider selects Cambium Networks technology for cost-effective buildout potentially reaching hundreds of thousands of residences ROLLING MEADOWS, Ill. , Nov. 14, 2023 /PRNewswire/ -- Cambium Networks (NASDAQ: CMBM), a leading global provider of networking solutions, today announced that Nextlink Internet has placed a significant order to expand its coverage area with its ePMP 6 GHz fixed wireless broadband solution.

Nextlink Drives Gigabit Service Expansion with 6 GHz Fixed Wireless Technology from Cambium Networks

New cnMaestro™ release streamlines management of technically diverse campus networks. ROLLING MEADOWS, Ill.

Cambium Networks Expands AI-powered Troubleshooting and Security

Cambium Networks Corporation (NASDAQ:CMBM ) Q3 2023 Earnings Conference Call November 2, 2023 4:30 PM ET Company Participants Peter Schuman - Vice President-Investor & Industry Analyst Relations Morgan Kurk - President & Chief Executive Officer Andrew Bronstein - Chief Financial Officer Conference Call Participants Scott Searle - ROTH Capital Partners LLC Simon Leopold - Raymond James George Notter - Jefferies Erik Suppiger - JMP Securities John Roy - Water Tower Research Scott Searle - ROTH Capital Partners Operator Good afternoon. My name is Eric, and I'll be your conference operator today.

Cambium Networks Corporation (CMBM) Q3 2023 Earnings Call Transcript

Cambium (CMBM) reports lower y/y revenues in third-quarter 2023 due to weak demand trends in the Enterprise and PMP businesses.

Cambium (CMBM) Earnings and Revenues Miss Estimates in Q3

Cambium (CMBM) came out with a quarterly loss of $0.44 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to earnings of $0.40 per share a year ago.

Cambium (CMBM) Reports Q3 Loss, Tops Revenue Estimates

Revenues of $43.0 million, decreased 28% sequentially, and decreased 47% year-over-year Gross margin of 25.5%, non-GAAP(1) gross margin of 27.7% Operating loss of $22.1 million, non-GAAP(1) operating loss of $15.5 million Net loss of $26.2 million or a loss of $0.95 per diluted share, non-GAAP(1) net loss of $12.1 million or a loss of $0.44 per diluted share Adjusted EBITDA(1) loss of $14.4 million or (33.5)% of revenues ROLLING MEADOWS, Ill. , Nov. 2, 2023 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless networking infrastructure solutions, today announced financial results for the third quarter 2023 ended September 30, 2023.

Cambium Networks Reports Third Quarter 2023 Financial Results

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Earnings Preview: Cambium (CMBM) Q3 Earnings Expected to Decline

ePMP 4000 platform delivers gigabit speeds, AFC interoperability and is ready for FCC to open the 6 GHz spectrum ROLLING MEADOWS, Ill. , Oct. 10, 2023 /PRNewswire/ -- Cambium Networks (NASDAQ: CMBM), a leading global provider of networking solutions, today announced that the ePMP 4600 is ready for broadband service providers to extend networks with 6 GHz as soon as the FCC opens the frequency band.

Broadband Service Providers in the USA Can Be at the Head of the Line for Offering 6 GHz Outdoor Fixed Wireless with Cambium Networks

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Cambium Networks Corporation (“Cambium Networks” or the “Company”) (NASDAQ: CMBM) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your Cambium Networks investments or would like to inquire about potentially pursuing claims to recover your loss und.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Cambium Networks Corporation (CMBM) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Cambium Networks Corporation (“Cambium Networks” or the “Company”) (NASDAQ: CMBM) investors concerning the Company's possible violations of federal securities laws. On October 4, 2023, Cambium Networks issued a press release announcing its preliminary results for the third quarter of 2023. Therein, the Company disclosed that it now “expects revenues of between $40.0-$45.0 million compared to t.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Cambium Networks Corporation (CMBM) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Cambium Networks Corporation (“Cambium Networks” or the “Company”) (NASDAQ: CMBM) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On October 4, 2023, Cambium Networks issued a press release announcing its preliminary results for the third quarter of 2023. Therein, the Company disclose.

The Law Offices of Frank R. Cruz Announces Investigation of Cambium Networks Corporation (CMBM) on Behalf of Investors

The lower revenue projection of Cambium (CMBM) for third-quarter 2023 is primarily due to delays in government defense orders owing to a deadlock in the U.S. federal budget.

Cambium (CMBM) Issues Preliminary Q3 Results, Revenues Down

Cambium Networks (NASDAQ:CMCM) lost a third of its value in Thursday's premarket deals after the company, in an afterhours statement, downgraded its third-quarter revenue forecast. The wifi and broadband technology company said third-quarter revenue was now expected in a range of $40 million to $45 million, down from $62 million to $70 million.

Cambium Networks plummets on revenue downgrade

Cambium Networks (NASDAQ: CMBM ) stock is taking a beating on Thursday following the release of its preliminary earnings for Q3. The bad news for CMBM stock comes from its expected revenue of $40 million to $45 million for the third quarter of 2023.

Why Is Cambium Networks (CMBM) Stock Down 35% Today?

ROLLING MEADOWS, Ill. , Oct. 4, 2023 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless networking infrastructure solutions, today announced preliminary revenues for the third quarter 2023 ended Sept.

Cambium Networks Corporation Announces Preliminary Third Quarter 2023 Revenues and Reporting Date

Cambium (CMBM) unveils an advanced solution that facilitates precise antenna alignment and significantly reduces link setup time to augment defense communication proficiency.

News for Cambium Networks Corp Stock (CMBM)