secwatch.observer — SEC 8-K summary
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Issuer:     Cambium Networks Corp (CMBMF)
CIK:        0001738177
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0000950170-22-007815
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cambium Networks Q1 revenue $61.9M (-30% YoY); guides FY2022 revenue $280-300M
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- Revenue $61.9M (-30% YoY, -21% QoQ); Enterprise Wi-Fi up 28% YoY to $15.5M.
- GAAP net loss $1.6M ($0.06 loss per share); non-GAAP net income $0.3M ($0.01 EPS).
- Adjusted EBITDA $1.9M (3.1% margin) vs $16.5M (18.6%) a year ago.
- Q2 2022 guidance: revenue $65-73M; full FY2022 revenue $280-300M (down ~11-17% YoY).
- CEO cites Chinese COVID lockdowns in Shenzhen and Shanghai as key headwinds; cash $38.4M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1738177/000095017022007815/0000950170-22-007815-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1738177/000095017022007815/cmbm-20220505.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-007815

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