STOCK TITAN

Cambium Networks Corporation - $CMBM STOCK NEWS

Welcome to our dedicated page for Cambium Networks Corporation news (Ticker: $CMBM), a resource for investors and traders seeking the latest updates and insights on Cambium Networks Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cambium Networks Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cambium Networks Corporation's position in the market.

Rhea-AI Summary

Cambium Networks (NASDAQ: CMBM) has expanded its cnMatrix switch portfolio by introducing enhanced network automation and a new fiber aggregation switch. This is part of its ONE Network solution aimed at simplifying deployment and operation of wired and wireless technologies through a unified management system.

The ONE Network platform integrates Wi-Fi, switching, security, network services, and SD-WAN, providing centralized management and automation via the cnMaestro™ system. The cnMatrix EX3024F fiber aggregation switch offers 24 SFP+ 10 Gbps fiber ports and advanced L2/L3 capabilities, ensuring scalability for various deployment scenarios and improving network performance, reliability, and security.

The new features include a high-performance architecture and scalable aggregation, alongside powerful out-of-box and policy-based automation, enhancing network operations while reducing costs and complexity.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.68%
Tags
none
-
Rhea-AI Summary

Cambium Networks announced that its ePMP 4600 has received FCC and ISEDC certification for commercial deployment in the 6 GHz band in the USA, its territories, and Canada. This approval enables service providers to offer over 1 Gbps speeds using the ePMP 4600 technology, which has been rigorously field-tested in over 130 networks. The ePMP 4600 supports up to 120 subscribers per sector with interference tolerance and capacities of up to 4 Gbps per sector. The platform includes features like TDD synchronization, MU-MIMO, and SmartQoS. Cambium's ONE Network offers a comprehensive solution with centralized cloud management, AI-enabled monitoring, and QoE optimization, allowing affordable service delivery in both rural and suburban areas. The 6 GHz Spectrum Availability Tool helps operators pre-check available channels, and the company's equipment leverages Qualcomm’s AFC Suite for simplified frequency coordination.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.57%
Tags
none
-
Rhea-AI Summary

Cambium Networks (NASDAQ: CMBM) has introduced the ONE Network solution, integrating enterprise Wi-Fi and fixed wireless infrastructure to streamline network deployment across large outdoor areas. The solution enables enterprises, municipalities, and system integrators to efficiently set up private wireless networks in campuses, cities, resorts, and warehouses.

By consolidating all technology stack components into one system, the ONE Network simplifies network management, from provisioning to troubleshooting, through a single interface. This reduces operational complexity and training needs.

Key use cases include municipal Wi-Fi networks, hospitality, education campuses, and warehouse logistics. Examples of successful deployments include citywide Wi-Fi in Huntington Park, CA, public Wi-Fi in Salt Lake City, and property-wide services at Big 4 Howard Springs Holiday Park in Australia.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.28%
Tags
none
Rhea-AI Summary

Cambium Networks (NASDAQ: CMBM), a global provider of broadband networking solutions, announced significant advancements in its fixed wireless infrastructure, supporting national defense, federal and civilian agencies, public safety, and law enforcement. CEO Morgan Kurk emphasized the increasing importance of secure, reliable communications in defense.

In H2 2023, Cambium secured multiple contracts within the defense and security sectors, collaborating with entities like Aikom Technologies, Northrop Grumman, and Wesco Anixter. The company also introduced new products, notably the PTP 700 Beam Steering Outdoor Unit with an integrated smart antenna at the U.S. Army Annual Conference.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.41%
Tags
none
-
Rhea-AI Summary

Cambium Networks reported its first quarter 2024 financial results, showcasing a sequential revenue increase of 5% but a significant year-over-year decline of 45%. The company experienced a net loss of $26.4 million and an adjusted EBITDA loss of $15.5 million. Despite challenges, Cambium Networks aims for sequential growth throughout 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.17%
Tags
-
Rhea-AI Summary

Cambium Networks and Exertis Enterprise have formed a strategic partnership to offer networking solutions across Europe, focusing on the DACH and Benelux areas. The collaboration aims to provide compelling Wi-Fi experiences for various sectors, including hospitality, education, retail, and more. The partnership offers cost-effective solutions, increased reliability, security, and automation through AI analytics. It also includes a partner program for higher margins and reduced risks for top-tier partners.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.53%
Tags
none
Rhea-AI Summary
Cambium Networks , a wireless networking infrastructure solutions provider, will report its first-quarter 2024 financial results on May 9, 2024. The company will host a conference call and webcast for investors and analysts to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.75%
Tags
-
Rhea-AI Summary
Cambium Networks (CMBM) appoints Jacob Sayer as Chief Financial Officer, bringing extensive experience from Sensata Technologies. Sayer to lead financial strategies and global finance organization, succeeding John Becerril. The appointment aims to drive strong financial results and operational discipline.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.92%
Tags
none
-
Rhea-AI Summary
Cambium Networks (CMBM) introduces the X7-35X access point, a Wi-Fi 7 solution powered by Qualcomm Technologies, promising industry-leading price-performance and superior speed, latency, and connection reliability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.94%
Tags
none
Rhea-AI Summary
Cambium Networks (CMBM) introduces ePMP 4600, the first 6 GHz outdoor fixed wireless solution to receive ISEDC certification, enabling speeds greater than 1 Gbps in Canada. The platform offers scalability, interference tolerance, and capacity up to 4 Gbps per sector, catering to both rural and suburban areas.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.8%
Tags
none
Cambium Networks Corporation

Nasdaq:CMBM

CMBM Rankings

CMBM Stock Data

89.55M
12.36M
3.94%
88.09%
1.91%
Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing
Manufacturing
Link
United States of America
GRAND CAYMAN

About CMBM

cambium networks is a leading global provider of wireless broadband solutions that connect the unconnected. through its extensive portfolio of reliable, scalable and secure wifi and wireless broadband point-to-point (ptp) and point-to-multipoint (pmp) platforms managed by cloud-based software, cambium networks makes it possible for all service providers; enterprises; governmental and military agencies; oil, gas and utility companies; internet service providers; and public safety networks to build powerful communications networks, reach users from 200 kilometers across mountain tops down to the last meter to their devices and intelligently manage their infrastructure through end-to-end network visibility and actionable analytics. headquartered outside chicago and with r&d centers in the u.s., ashburton, u.k. and bangalore, india, cambium networks sells through a range of trusted global distributors. cambium networks sells through a range of trusted global distributors.