secwatch.observer — SEC 8-K summary
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Issuer:     Cambium Networks Corp (CMBMF)
CIK:        0001738177
Form:       8-K/A
Filed at:   2024-03-15T23:59:59+00:00
Accession:  0000950170-24-032211
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1738177/000095017024032211/0000950170-24-032211-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1738177/000095017024032211/cmbm-20240215.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-032211

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