Cambium Networks Q2 billing ~$40M, orders +6% QoQ, CFO Sayer leaving, Waldron appointed

Cambium Networks Corp

Billed ~$40M in Q2 2025, stable vs Q1; new orders ~$47M (+6% QoQ).
Distributor sell-through up ~17% QoQ; channel inventory at or below pre-pandemic levels.
Wi-Fi 7 shipments in H1 2025 grew >75% vs H2 2024; two new Wi-Fi 7 access points launching Sept.
CFO Jacob Sayer resigns effective Sept 5, 2025, to pursue other opportunity; John Waldron appointed acting CFO.
Waldron previously SVP Finance at Hyzon Motors, began career at Arthur Andersen; no compensation change.

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