Cambium Networks reports Q3 2025 billings of ~$43M, up 8% QoQ; new orders ~$45M, down 4% QoQ

Cambium Networks Corp

Billed shipments ~$43M in Q3 2025, up 8% QoQ from ~$40M in Q2 2025.
New customer orders ~$45M in Q3 2025, down 4% from Q2 ~$47M, within seasonal variation.
Distributor sell-through decreased ~9% QoQ due to lack of inventory; expected to improve as inventory improves.
Launched X7-53X and X7-55X Wi-Fi 7 access points and two new cnMatrix switches; initial shipments in early Q4 2025.
Introduced ePMP Force 4518/4616 subscriber radios for 5/6 GHz; cost-effective solutions for service provider ARPU.

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