---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-018791"
form_type: "8-K"
ticker: "CMBMF"
cik: "0001738177"
company_name: "Cambium Networks Corp"
filed_at: "2023-05-08T23:59:59+00:00"
generated_at: "2026-06-15T13:50:43.357158+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Cambium Networks Q1 revenue $77.4M (+25% YoY); FY guide $327-337M

## Summary
- GAAP net income $4.3M ($0.15/diluted); non-GAAP net income $6.8M ($0.24/diluted).
- Enterprise revenue $35.7M (+130% YoY); overall gross margin 51.2% (GAAP), 52.1% (non-GAAP).
- Adjusted EBITDA $10.4M (13.4% of revenue) vs $1.9M (3.1%) a year ago.
- Q2 2023 guidance: revenue $72-80M, adjusted EBITDA $6.9-11.1M.
- FY 2023 revenue guidance $327-337M (10-14% growth); non-GAAP EPS $1.18-1.26.

## SEC filing metadata
- accession: 0000950170-23-018791
- form_type: 8-K
- ticker: CMBMF
- cik: 0001738177
- company_name: Cambium Networks Corp
- filed_at: 2023-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1738177/000095017023018791/0000950170-23-018791-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1738177/000095017023018791/cmbm-20230508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-018791
- JSON: https://secwatch.observer/filing/0000950170-23-018791.json
- Plain text: https://secwatch.observer/filing/0000950170-23-018791.txt

## Key facts
- Earnings Releases
  Cambium Networks Corp reported second quarter ending June 30, 2023 results: revenue $72.0-$80.0 million, net income between $1.2-$4.8 million, EPS between $0.04 and $0.17 per diluted share. Guidance initiated.
  - Period: second quarter ending June 30, 2023
  - Revenue: $72.0-$80.0 million
  - Net income: between $1.2-$4.8 million
  - EPS: between $0.04 and $0.17 per diluted share
  - Guidance: initiated
  - Result: guidance update
  source text: Revenues between $72.0-$80.0 million, up approximately 4%-15% year-over-year • GAAP gross margin between 49.4%-50.9%; and non-GAAP gross margin between 50.3%-51.8% • GAAP operating expenses between $33.5-$34.5 million; and non-GAAP operating expenses between $30.3-$31.3 million • GAAP operating income between $2.1-$6.2 million; and non-GAAP operating income between $5.9-$10.1 million • Interest expense, net of approximately $0.6 million • GAAP net income between $1.2-$4.8 million or between $0.04 and $0.17 per diluted share; and non-GAAP net income between $4.2-$7.6 million or between $0.15 and $0.27 per diluted share • Adjusted EBITDA between $6.9-$11.1 million; and adjusted EBITDA margin between 9.6%-13.9% • GAAP effective tax rate of approximately 11.0%-15.0%; and non-GAAP effective tax rate of approximately 17.0%-21.0% • Approximately 28.6 million w
  evidence_url: https://www.sec.gov/Archives/edgar/data/1738177/000095017023018791/0000950170-23-018791-index.htm
- Earnings Releases
  Cambium Networks Corp reported first quarter 2023 ended March 31, 2023 results: revenue $77.4 million, net income $4.3 million, EPS $0.15 per diluted share.
  - Period: first quarter 2023 ended March 31, 2023
  - Revenue: $77.4 million
  - Net income: $4.3 million
  - EPS: $0.15 per diluted share
  - Result: reported results
  source text: Cambium Networks Reports First Quarter 2023 Financial Results • Revenues of $77.4 million, decreased 8% sequentially, and increased 25% year-over-year • Enterprise revenues of $35.7 million, up 11% sequentially, and increased 130% year-over-year • Gross margin of 51.2%, non-GAAP (1) gross margin of 52.1% • Operating income of $5.6 million, non-GAAP (1) operating income of $9.4 million • Net income of $4.3 million or $0.15 per diluted share, non-GAAP (1) net income of $6.8 million or $0.24 per diluted share • Adjusted EBITDA (1) of $10.4 million or 13.4% of revenues
  evidence_url: https://www.sec.gov/Archives/edgar/data/1738177/000095017023018791/0000950170-23-018791-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.