secwatch.observer — SEC 8-K summary
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Issuer:     Cambium Networks Corp (CMBMF)
CIK:        0001738177
Form:       8-K
Filed at:   2024-02-15T23:59:59+00:00
Accession:  0000950170-24-015860
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cambium Networks Q4 2023 revenue down 52% YoY; GAAP net loss $39M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1738177/000095017024015860/0000950170-24-015860-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1738177/000095017024015860/cmbm-20240215.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-015860

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