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Cambium Networks Corp

Cambium Networks CorpCMBMEarnings & Financial Report

Nasdaq

Cambium Networks Corporation is an American manufacturer of wireless telecommunications equipment, including Enterprise WiFi, Network switch, Internet of Things, and fixed wireless broadband and Wi-Fi for enterprises products for Internet access. Publicly traded on the NASDAQ stock exchange, it spun out of Motorola in October 2011.

NextMar 30, 2026

CMBM Q3 2024 Key Financial Metrics

Revenue

$43.7M

Gross Profit

$17.4M

Operating Profit

$-8.1M

Net Profit

$-9.7M

Gross Margin

39.9%

Operating Margin

-18.4%

Net Margin

-22.1%

YoY Growth

1.6%

EPS

$-0.34

Financial Flow

Cambium Networks Corp Q3 2024 Financial Summary

Cambium Networks Corp reported revenue of $43.7M for Q3 2024, with a net profit of $-9.7M (-22.1% margin). Cost of goods sold was $26.3M, operating expenses totaled $25.5M.

Key Financial Metrics

Total Revenue$43.7M
Net Profit$-9.7M
Gross Margin39.9%
Operating Margin-18.4%
Report PeriodQ3 2024

Cambium Networks Corp Annual Revenue by Year

Cambium Networks Corp annual revenue history includes year-by-year totals (for example, 2023 revenue was $220.2M).

YearAnnual Revenue
2023$220.2M
2022$296.9M

Income Statement

Q4 2022Q1 2023Q2 2023Q3 2023Q4 2023Q1 2024Q2 2024Q3 2024
Revenue$84.5M$77.4M$59.5M$43.0M$40.2M$42.3M$45.9M$43.7M
YoY Growth7.4%25.1%-14.1%-47.0%-52.4%-45.3%-22.8%1.6%

Balance Sheet

Q4 2022Q1 2023Q2 2023Q3 2023Q4 2023Q1 2024Q2 2024Q3 2024
Assets$269.5M$283.1M$280.3M$245.9M$217.9M$223.6M$225.1M$222.6M
Liabilities$124.1M$130.5M$126.2M$115.6M$136.9M$166.8M$174.1M$179.0M
Equity$145.4M$152.5M$154.1M$130.2M$80.9M$56.8M$51.0M$43.6M

Cash Flow

Q4 2022Q1 2023Q2 2023Q3 2023Q4 2023Q1 2024Q2 2024Q3 2024
Operating CF$4.0M$-6.0M$-4.5M$-246000$-6.2M$-15.6M$2.4M$8.9M