Cambium Networks Corporation
2.9500+2.33 (+377%)
Oct 29, 4:00:00 PM EDT · NasdaqGM · CMBM · USD
Key Stats
Market Cap
83.32MP/E (TTM)
-Basic EPS (TTM)
-3.54Dividend Yield
0%Recent Filings
8-K
Nasdaq delinquency notice issued
Cambium Networks received a Nasdaq delinquency notice on August 25, 2025, for failing to file its Q2 10-Q, alongside overdue 10-K and Q1 10-Q reports. The exchange grants until October 13, 2025, to submit all delinquent filings, while requesting an updated compliance plan that targets the latest 10-Q by September 9. Nasdaq compliance hangs in the balance. This delay underscores ongoing reporting challenges, potentially eroding investor trust.
8-K
CFO transition amid stable Q2
Cambium Networks reported stable Q2 2025 shipments of $40 million, flat from Q1, while new orders rose 6% to $47 million, signaling customer confidence amid distributor sell-through up 17% and channel inventory at pre-pandemic levels. CFO Jacob Sayer departs September 5, 2025, for new opportunities, with no disagreements; John Waldron steps in as acting CFO immediately, drawing on his finance leadership at Hyzon Motors and elsewhere. Wi-Fi 7 shipments surged over 75% from H2 2024, fueled by a major MSP order; two new access points launch in September. Leadership shifts test continuity, yet commercial momentum builds.
8-K
Financial restatement announced
Cambium Networks disclosed on August 7, 2025, that its financial statements for fiscal years 2022 and 2023, plus quarterly reports through September 30, 2024, require restatement due to material errors in estimating variable revenue consideration like sales returns and rebates under ASC 606. The Audit Committee found the estimation models lacked sufficient readily available data and retrospective analysis, deeming the errors quantitatively material but not willful. This delays the 2024 10-K, Q1 2025 10-Q, and Q2 2025 10-Q filings. Controls remain ineffective; more issues may emerge.
8-K
Nasdaq deficiency for late filing
Cambium Networks received a Nasdaq deficiency notice on May 22, 2025, for failing to file its Q1 2025 10-Q on time, violating Listing Rule 5250(c)(1). The notice adds a non-compliance indicator to market data but keeps shares listed for now. Cambium has until June 16 to file or submit a compliance plan, potentially extending to October 13 if approved. Delays signal ongoing reporting struggles.
8-K
Nasdaq deficiency for delayed 10-K
Cambium Networks received a Nasdaq deficiency notice on April 16, 2025, for failing to file its 2024 Form 10-K on time, marking the second compliance issue after a prior bid price warning. The notice imposes no immediate listing impact but adds a non-compliance indicator to market data. Shares remain listed. The company has 60 days to file or submit a compliance plan, potentially extending to October 13, 2025, if approved. Cambium aims to resolve this swiftly.
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