Welcome to our dedicated page for Cambium Networks news (Ticker: CMBM), a resource for investors and traders seeking the latest updates and insights on Cambium Networks stock.
Cambium Networks Corporation (NASDAQ: CMBM) is frequently featured in technology and corporate governance news due to its focus on wireless and wired networking solutions and its ongoing regulatory disclosures. Company press releases highlight developments across fixed wireless broadband, enterprise Wi‑Fi, switching, network edge security, SD‑WAN, and unified management under its ONE Network platform. Investors and industry observers following CMBM news see updates on new product introductions, integrations with satellite connectivity, managed Wi‑Fi deployments, and Nasdaq listing matters.
On the product side, Cambium Networks issues news about enhancements to its ePMP fixed wireless portfolio, including subscriber modules designed for 5 GHz and 6 GHz spectrum, as well as Wi‑Fi 7 access points and cnMatrix switches aimed at high‑capacity enterprise and service provider networks. The company also announces capabilities in its Network Service Edge (NSE) platform, such as static public IP addressing over encrypted tunnels for LEO satellite and LTE/5G links, and integration of ONE Network with Starlink satellite internet services.
News items also cover adoption of Cambium’s managed Wi‑Fi and ONE Network solutions in multi‑dwelling unit and build‑to‑rent properties, where property owners and managed service providers use Cambium Wi‑Fi, switching, and cloud management to deliver resident connectivity. In addition, Cambium regularly reports on Nasdaq correspondence regarding minimum bid price compliance, delayed SEC filings, financial restatements, and related hearing outcomes, as well as executive transitions in its finance leadership.
This CMBM news page aggregates such announcements and related coverage, providing a centralized view of Cambium Networks’ product evolution, market use cases, financial updates, and listing‑rule communications. Readers interested in the company’s technology roadmap, deployment examples, and regulatory status can use this feed to review recent developments and historical updates.
Cambium Networks (NASDAQ: CMBM) announced its cnHeat network planning software now helps fixed wireless broadband providers meet FCC Broadband Data Collection (BDC) requirements. This software is compatible with various infrastructures and is crucial for enhancing connectivity using the Citizens Broadband Radio Service (CBRS) band. The NTIA Broadband Equity, Access and Deployment (BEAD) program benefits from this tool, aiding providers in reporting and network expansion. A promotional starter kit for PMP 450 equipment is available until September 30.
Cambium Networks (CMBM) announced the delivery of Microwave Line-of-Sight radios to Advanced Technology Systems Company as part of the U.S. Army's $191 million Security Surveillance System (SSS) program. This indefinite delivery, indefinite quantity (IDIQ) contract, with an estimated completion date in 2029, enhances broadband communications infrastructure for federal security applications. Cambium's defense solutions meet stringent security requirements, ensuring robust connectivity across military and defense sectors.
Cambium Networks reported Q1 2022 revenues of $61.9 million, down 21% sequentially and 30% year-over-year, largely due to supply chain issues caused by COVID lockdowns in China. Despite this, enterprise Wi-Fi revenue rose 28% year-over-year to $15.5 million. The GAAP net loss was $1.6 million, or $0.06 per diluted share, while non-GAAP net income was $0.3 million, or $0.01 per diluted share. Looking ahead, for Q2 2022, revenues are projected to be between $65.0-$73.0 million.
Cambium Networks (CMBM) and Future Technologies Venture have partnered on a multi-year, multi-million dollar project to enhance wireless communications for a Fortune 150 oil and gas producer. The initiative aims to reduce costs by 60% while eliminating downtime. Utilizing Cambium's technology, the project includes multiple network applications, ensuring efficient oil field operations. Notably, the project reduces the timeline by 25% and minimizes operational disruptions. Completion is expected in 2023, with a focus on centralized management for improved performance.
Cambium Networks Corporation (CMBM) has released preliminary financial results for Q1 2022, projecting revenues between $61 million and $63 million, significantly lower than the previous forecast of $77.5 million to $81.5 million. This adjustment is attributed to COVID-related lockdowns in Shenzhen and Shanghai, which hindered manufacturing and distribution. Furthermore, net income is expected to fall below earlier estimates. Despite these challenges, a recovery in revenues is anticipated in Q2, supported by a 10% year-over-year increase in backlog.
Cambium Networks (CMBM) has partnered with Desert iNET to deliver high-speed tiered broadband services using its 60 GHz cnWave fixed wireless technology. This enables multi-gigabit access for residential subscribers, offering faster service delivery than traditional fiber trenching. The service boasts Gigabit download speeds and low latency, enhancing user experiences for gaming and streaming. Desert iNET is onboarding over 15 new customers weekly, demonstrating strong demand and operational efficiency. The solution leverages advanced technologies, including Terragraph meshing and cloud management, to provide reliable connectivity.
Cambium Networks (NASDAQ: CMBM) has successfully enhanced connectivity at the Villas of Holmdel, a New Jersey assisted living facility. The integration of Wi-Fi 6 access points and cnMatrix switches has resolved staffing challenges and elevated care standards amidst a nursing shortage. Managed via cnMaestro, the system offers cost-effective solutions, reducing installation costs by 33%. Independent assessments confirm Cambium's solutions outperform competitors in both performance and total cost of ownership, setting the stage for future IoT applications.
Cambium Networks (CMBM) launched a new Quality of Experience (QoE) solution aimed at fixed wireless broadband service providers, enhancing customer satisfaction and reducing churn. This solution features TCP Acceleration, granular application shaping, and rate limiting, all designed to optimize network performance. By integrating with Cambium's existing equipment and cnMaestro cloud management, operators can offer tailored service levels while simultaneously lowering costs and improving performance. The solution also aids service providers in mitigating Denial of Service (DoS)
Cambium Networks (CMBM) has launched the cnHeat 2.0 network planning subscription service, enhancing capabilities for wireless network operators. This service utilizes LiDAR data for high-resolution heatmapping, optimizing CAPEX and OPEX. The cnHeat 2.0 allows immediate site adjustments and quick prediction results within minutes for various frequencies, including 60 GHz. Established since 2019, cnHeat has facilitated thousands of models, enabling efficient RF planning and improved customer satisfaction.
Cambium Networks (CMBM) announced its fourth quarter and full year 2021 financial results, highlighting revenues of $78.7 million for Q4, down 5% year-over-year but up 4% sequentially. Full year revenues rose 21% to $335.9 million. GAAP net income for Q4 was $1.4 million or $0.05 per diluted share, compared to $10.5 million or $0.38 per diluted share in Q4 2020. The company forecasts Q1 2022 revenues between $77.5-$81.5 million and full year revenues between $355.0-$365.0 million. Demand for broadband infrastructure is expected to grow, driven by government funding and remote work trends.
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