{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-015860","form_type":"8-K","ticker":"CMBMF","cik":"0001738177","company_name":"Cambium Networks Corp","filed_at":"2024-02-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.353041+00:00","generated_at":"2026-06-06T01:21:43.704594+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Cambium Networks Q4 2023 revenue down 52% YoY; GAAP net loss $39M","bullets":["Q4 revenue $40.2M, down 52% YoY from $84.5M; GAAP net loss $39.0M ($1.41 EPS).","Q4 gross margin negative 21.7%; non-GAAP gross margin negative 19.4%. Inventory reserves $18.9M.","Full-year 2023 revenue $220.2M, down 26% from 2022; GAAP net loss $63.6M ($2.31 EPS).","Q1 2024 guidance: revenue $43-48M, adjusted EBITDA loss $4.1-6.6M; FY24 revenue $215-245M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-015860","json":"https://secwatch.observer/filing/0000950170-24-015860.json","markdown":"https://secwatch.observer/filing/0000950170-24-015860.md","text":"https://secwatch.observer/filing/0000950170-24-015860.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1738177/000095017024015860/0000950170-24-015860-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1738177/000095017024015860/cmbm-20240215.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T01:21:43.704594+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2630d104bf0d23aac8304b80202f114af8d15392","claim":"Cambium Networks Corp reported the fourth quarter ended December 31, 2023 results: revenue $40.2 million, net income $39.0 million, EPS a loss of $1.41 per diluted share.","evidence_excerpt":"• Revenues of $40.2 million, decreased 7% sequentially, and decreased 52% year-over-year • Gross margin of (21.7)%, non-GAAP (1) gross margin of (19.4)% • Operating loss of $39.3 million, non-GAAP (1) operating loss of $34.1 million • Net loss of $39.0 million or a loss of $1.41 per diluted share, non-GAAP (1) net loss of $26.4 million or a loss of $0.95 per diluted share • Adjusted EBITDA (1) loss of $32.9 million or (81.8)% of revenues","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1738177/000095017024015860/0000950170-24-015860-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$40.2 million"},{"label":"Net income","value":"$39.0 million"},{"label":"EPS","value":"a loss of $1.41 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"2e71b5ff402b4757582d4be3907712239b509775","claim":"Cambium Networks Corp reported the full year ended December 31, 2023 results: revenue $220.2 million, net income $63.6 million, EPS a net loss of $2.31 per diluted share.","evidence_excerpt":"For full year 2023, revenues of $220.2 million decreased by $76.7 million compared to full year 2022. GAAP gross margin was 32.3% for full year 2023 compared to 48.9% for 2022. Non-GAAP gross margin was 33.8% of revenues for full year 2023, compared to 49.5% of revenues for 2022. GAAP operating loss of $58.6 million for full year 2023 compared to GAAP operating income of $19.9 million for 2022. Non-GAAP operating loss was $38.6 million or (17.5)% of revenues for full year 2023, compared to non-GAAP operating income of $34.3 million or 11.6% of revenues during 2022. GAAP net loss for full year 2023 was $63.6 million, or a net loss of $2.31 per diluted share, compared to GAAP net income of $20.2 million, or net earnings of $0.72 per diluted share for 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1738177/000095017024015860/0000950170-24-015860-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full year ended December 31, 2023"},{"label":"Revenue","value":"$220.2 million"},{"label":"Net income","value":"$63.6 million"},{"label":"EPS","value":"a net loss of $2.31 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}