Cambium Networks Q3 revenue $81.2M (+7% YoY), GAAP EPS $0.34, non-GAAP EPS $0.40

Cambium Networks Corp

2022-Q3 EPS reported $0.36 revenue$212,392,000

Enterprise (Wi-Fi) revenue record $38.3M, up 257% YoY and 60% sequentially.
GAAP gross margin 50.7%; non-GAAP gross margin 51.3%; adjusted EBITDA $14.7M (18.2% of revenue).
Net income $9.4M vs $4.6M in Q3 2021; cash $44.9M at quarter end.
Q4 2022 outlook: revenue $80-84M, GAAP EPS $0.14-0.19, non-GAAP EPS $0.23-0.27.
Supply chain improved; shipped 13 millionth radio since becoming standalone company.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.8

Cambium Networks Corp reported the three-month period ended September 30, 2022 results: revenue $81.2 million, net income $9.4 million or $0.34 per diluted share.

Period: the three-month period ended September 30, 2022
Revenue: $81.2 million
Net income: $9.4 million or $0.34 per diluted share
Result: reported results

Exact text from the filing

any general incorporation language in such filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Cambium Networks Reports Third Quarter 2022 Financial Results • Revenues of $81.2 million, increased 17% sequentially, and 7% year-over-year • Record Enterprise (Wi-Fi) revenues of $38.3 million, increased 60% sequentially and 257% year-over-year • Gross margin of

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Source: SEC EDGAR

accession 0000950170-22-021849

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