---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-032211"
form_type: "8-K/A"
ticker: "CMBMF"
cik: "0001738177"
company_name: "Cambium Networks Corp"
filed_at: "2024-03-15T23:59:59+00:00"
generated_at: "2026-06-04T17:36:03.719188+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Cambium Networks amends Q4/FY23 results: net loss $52.9M, gross margin -27.4%

## Summary
- Amendment adds $11.5M valuation allowance and $2.3M supplier commitment loss; GAAP net loss now $52.9M ($1.91/diluted share).
- Q4 revenue $40.2M, down 52% YoY; adjusted EBITDA loss $35.2M (-87.5% of revenue).
- Full year 2023 revenue $220.2M, GAAP net loss $77.4M, adjusted EBITDA loss $36.5M.
- Q1 2024 guidance: revenue $43-48M, GAAP gross margin 39.3-42.3%, adjusted EBITDA loss $4.1-6.6M.
- Cash $18.7M at Dec 31, 2023, down $29.5M from Dec 31, 2022.

## SEC filing metadata
- accession: 0000950170-24-032211
- form_type: 8-K/A
- ticker: CMBMF
- cik: 0001738177
- company_name: Cambium Networks Corp
- filed_at: 2024-03-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1738177/000095017024032211/0000950170-24-032211-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1738177/000095017024032211/cmbm-20240215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-032211
- JSON: https://secwatch.observer/filing/0000950170-24-032211.json
- Plain text: https://secwatch.observer/filing/0000950170-24-032211.txt

## Key facts
- Earnings Releases
  Cambium Networks Corp reported the fourth quarter ended December 31, 2023 results: revenue $40.2 million, net income $52.9 million, EPS net loss of $1.91 per diluted share.
  - Period: the fourth quarter ended December 31, 2023
  - Revenue: $40.2 million
  - Net income: $52.9 million
  - EPS: net loss of $1.91 per diluted share
  - Result: reported results
  source text: specific reference in such a filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Cambium Networks Reports Fourth Quarter and Full Year 2023 Financial Results • Revenues of $40.2 million, decreased 7% sequentially, and decreased 52% year-over-year • Gross margin of (27.4)%, non-GAAP (1) gross margin of (25.1)% • Operating loss of $41.6 million, non-GAAP (1)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1738177/000095017024032211/0000950170-24-032211-index.htm
- Earnings Releases
  Cambium Networks Corp reported the full year ended December 31, 2023 results: revenue $220.2 million, net income $77.4 million, EPS net loss of $2.81 per diluted share.
  - Period: the full year ended December 31, 2023
  - Revenue: $220.2 million
  - Net income: $77.4 million
  - EPS: net loss of $2.81 per diluted share
  - Result: reported results
  source text: or 16.9% of revenues for the fourth quarter 2022, and adjusted EBITDA loss of $14.4 million or (33.5)% of revenues for the third quarter 2023. For full year 2023, revenues of $220.2 million decreased by $76.7 million compared to full year 2022. GAAP gross margin was 31.3% for full year 2023 compared to 48.9% for 2022. Non-GAAP gross margin was 32.7% of revenues for
  evidence_url: https://www.sec.gov/Archives/edgar/data/1738177/000095017024032211/0000950170-24-032211-index.htm

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