Executive readout · one minute
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CMBMF
$0.00
-96.00%
CMBMF
· Cambium Networks Corp
$0.00
0.00 (-96.00%)
At close · Nov 5
Return incl. dividend (before tax)
Going-concern doubt
— flagged May 20, 2026
Substantial doubt about the company's ability to continue as a going concern.
“Due to these uncertainties and given the debt matures on November 17, 2026, management concluded that substantial doubt exists with respect to the Company's ability to continue as a going concern within one year after the date that these consolidated financial statements are issued.”View the 10-Q filed May 20, 2026
Market Cap
$145,164
Shares
29.03M
Volume · Nov 5
13.98K
Avg daily vol (3M)
36.97K
All webcasts
Earnings call · FY2023 Q2
Cambium Networks Corp (CMBMF) Q2 2023 Earnings Call
Revenue
$53.72M
-22.5% YoY
Diluted EPS
-$0.49
-712.5% YoY
Gross margin
39.0%
-9.3 pp YoY
Net income
-$13.44M
-678.7% YoY
Forward guidance
24 guided metrics
Management's latest ranges and targets are included below.
Research coverage
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Forward guidance
From the 8-K filed Aug 1, 2023.
| Metric | Period | Guided | Basis | Actual |
|---|---|---|---|---|
|
Revenues
Initiated
third quarter ending September 30, 2023
|
$62M – $70M | — | $44.61M below | |
|
GAAP operating expenses
Initiated
third quarter ending September 30, 2023
|
$30.5M – $31.5M | GAAP | — | |
|
Non-GAAP operating expenses
Initiated
third quarter ending September 30, 2023
|
$25.6M – $26.6M | Non-GAAP | — | |
|
Interest expense, net
Initiated
third quarter ending September 30, 2023
|
$700,000 | — | — | |
|
Non-GAAP operating income
Initiated
third quarter ending September 30, 2023
|
$5.2M – $9.2M | Non-GAAP | — | |
|
GAAP operating (loss) income
Initiated
third quarter ending September 30, 2023
|
$-300,000 – $3.6M | GAAP | — | |
|
GAAP net (loss) income
Initiated
third quarter ending September 30, 2023
|
$-800,000 – $2.4M | GAAP | — | |
|
GAAP net (loss) income per diluted share
Initiated
third quarter ending September 30, 2023
|
$-0.03 – $0.08 | GAAP | $-1.32 below | |
|
Non-GAAP net income
Initiated
third quarter ending September 30, 2023
|
$3.7M – $6.9M | Non-GAAP | — | |
|
Non-GAAP net income per diluted share
Initiated
third quarter ending September 30, 2023
|
$0.13 – $0.25 | Non-GAAP | — | |
|
Adjusted EBITDA
Initiated
third quarter ending September 30, 2023
|
$6.3M – $10.3M | Non-GAAP | — | |
|
GAAP effective tax rate
Initiated
third quarter ending September 30, 2023
|
0% | GAAP | — | |
|
Paydown of debt
Initiated
third quarter ending September 30, 2023
|
$700,000 | — | — | |
|
Cash interest expense
Initiated
third quarter ending September 30, 2023
|
$500,000 | — | — | |
|
Capital expenditures
Initiated
third quarter ending September 30, 2023
|
$4M – $4.5M | — | — | |
|
Revenues
Lowered
Full Year 2023
|
$265M – $275M | — | $226.77M below | |
|
GAAP net income
Lowered
Full Year 2023
|
$2.3M – $7.6M | GAAP | — | |
|
GAAP net income per diluted share
Lowered
Full Year 2023
|
$0.08 – $0.27 | GAAP | $-2.69 below | |
|
Non-GAAP net income per diluted share
Lowered
Full Year 2023
|
$0.59 – $0.78 | Non-GAAP | — | |
|
Non-GAAP net income
Lowered
Full Year 2023
|
$16.7M – $21.9M | Non-GAAP | — | |
|
GAAP net income
next quarter
|
$2.3M – $7.6M | GAAP | — | |
|
GAAP net income per diluted share
next quarter
|
$0.08 – $0.27 | GAAP | — | |
|
Non-GAAP net income
next quarter
|
$16.7M – $21.9M | Non-GAAP | — | |
|
Non-GAAP net income per diluted share
next quarter
|
$0.59 – $0.78 | Non-GAAP | — |
Quarter detail
How the reported period landed and where the business moved.
SEC filing · Item 2.02
8-K earnings release
Filed Aug 1, 2023 · complete as-filed document
SEC periodic report
10-Q report
Filed Aug 2, 2023 · complete as-filed document