Cambium Networks delays FY 2024 10-K; reports preliminary revenue of $166M, net loss $92M; going concern doubt

Cambium Networks Corp

10-K delayed due to material weaknesses in Allowance for Credit Losses, Customer Incentives, and IT General Controls.
Preliminary FY 2024 revenue $166.0M (down 25% from $220.2M); net loss $92.0M ($3.29 diluted EPS).
Q4 2024 revenue $34.0M (down 15% from $40.2M); net loss $47.0M ($1.66/share) includes $27M impairment charges.
Company expects to disclose substantial doubt about ability to continue as going concern in the 10-K.
Remediation measures for material weaknesses underway with Audit Committee and external advisors.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.