Highest-materiality recent filing
Cambium Networks receives Nasdaq delisting; trading suspended March 27
Delist determination due to failure to comply with Nasdaq panel's December 3, 2025 decision milestones.
Cambium Networks receives Nasdaq delisting notice; trading suspended March 27
Received Nasdaq delisting notice on March 25, 2026 for failure to comply with Panel's terms.
On Jan 9, 2026, Nasdaq Staff determined non-compliance with Annual Meeting Rule 5620(a), adding a delisting basis.
Nasdaq partial compliance letter dated Dec 12, 2025 confirms compliance with Minimum Bid Price Rule (5450(a)(1)).
Nasdaq grants Cambium Networks continued listing subject to compliance by April 2026
Decision Letter received Dec 3, 2025; continued listing conditional on Minimum Bid Price and Filing Rule compliance.
Cambium Networks dismisses Grant Thornton, hires BDO amid restatements and material weaknesses
Dismissed Grant Thornton as auditor on Nov 26, 2025; Grant Thornton had not issued any audit report.
Cambium Networks receives additional Nasdaq delisting notice for Q3 2025 10-Q failure
Received Staff Determination on Nov 25, 2025 for inability to file Q3 2025 Form 10-Q (period ended Sep 30, 2025).
Cambium Networks receives Nasdaq delisting notice; will seek hearing to stay listed
Received Nasdaq Staff Determination Letter on Oct 10, 2025, for bid price below $1.00 and delinquent filings.
Cambium Networks Q2 billing ~$40M, orders +6% QoQ, CFO Sayer leaving, Waldron appointed
Billed ~$40M in Q2 2025, stable vs Q1; new orders ~$47M (+6% QoQ).
Cambium Networks receives Nasdaq delinquency notice for late Q2 FY2025 10-Q
Received Nasdaq delinquency notice on Aug 25, 2025 for failure to timely file Form 10-Q for June 30, 2025.
Cambium Networks restates FY2022-2023 audited and six quarterly reports due to revenue errors
Non-reliance on FY2022 and FY2023 audited financials and quarterly reports from Q1 2023 to Q3 2024.
Cambium Networks receives Nasdaq deficiency notice for late Q1 10-Q filing
Received Nasdaq deficiency notice on May 22, 2025 for failure to timely file Q1 2025 Form 10-Q.
Cambium Networks receives second Nasdaq deficiency notice for late 10-K filing
Received second deficiency notice on April 16, 2025 for failure to timely file Form 10-K for year ended Dec 31, 2024.
Cambium Networks receives Nasdaq deficiency notice for bid price below $1.00
Received deficiency letter on April 10, 2025; bid price below $1.00 for 30 consecutive days.
10-K delayed due to material weaknesses in Allowance for Credit Losses, Customer Incentives, and IT General Controls.
Cambium Networks approves workforce reduction of ~55 positions, expects $2.2M restructuring charges
Approved restructuring cutting ~55 positions (~$2.2M charges), mostly cash in Q1 2025.
Cambium Networks Q3 revenue $43.7M, net loss $0.34/share; warns of covenant non-compliance
Revenue $43.7M (-5% seq); GAAP gross margin 39.9% vs 31.4% Q2; GAAP operating loss $8.1M.
Cambium Networks Q2 revenue $45.9M (+9% seq) net loss $0.33/sh; sees Q3 rev $43-48M
GAAP net loss $9.1M ($0.33 diluted); non-GAAP net loss $7.1M ($0.25 diluted).
Cambium Networks Q1 revenue drops 45% YoY to $42.3M; net loss $26.4M
Revenue $42.3M, down 45% YoY but up 5% sequentially from Q4 2023.
Cambium Networks amends Q4/FY23 results: net loss $52.9M, gross margin -27.4%
Amendment adds $11.5M valuation allowance and $2.3M supplier commitment loss; GAAP net loss now $52.9M ($1.91/diluted share).
Cambium Networks Q4 2023 revenue down 52% YoY; GAAP net loss $39M
Q4 revenue $40.2M, down 52% YoY from $84.5M; GAAP net loss $39.0M ($1.41 EPS).
Cambium Networks reports preliminary Q4 revenue ~$40M, below $45-50M outlook; CFO resigns
Revenue expected ~$40.0M vs prior outlook of $45.0-$50.0M (Nov 2, 2023).
Cambium Networks amends credit agreement with covenant relief, higher interest rates
Second Amendment provides covenant relief period; no longer tests leverage or fixed charge coverage ratios.
Cambium Networks Q3 revenue down 47% YoY to $43M; GAAP net loss $0.95/share; initiates restructuring
Revenue $43.0M, down 47% YoY and 28% sequentially; GAAP gross margin collapsed to 25.5% from 50.7% YoY.
Preliminary Q3 revenue $40-45M vs. prior outlook of $62-70M provided Aug 1, 2023.
Cambium Networks Q2 revenue $59.5M (-14% YoY), net loss $2.6M; Morgan Kurk named CEO
Revenue $59.5M, down 14% YoY and 23% sequentially; GAAP net loss $2.6M ($0.10 loss per share).
Cambium Networks appoints new CEO as Q2 revenue falls 14% YoY, posts net loss of $2.6M
Morgan Kurk named CEO effective Aug 1, replacing Atul Bhatnagar who remains on board; cost reduction plan with ~$2M in charges initiated.
Cambium Networks Q1 revenue $77.4M (+25% YoY); FY guide $327-337M
GAAP net income $4.3M ($0.15/diluted); non-GAAP net income $6.8M ($0.24/diluted).
Cambium Networks Q4 revenue $84.5M (+7% YoY), EPS $0.35; guides FY23 rev $327-345M
Q4 2022 revenue $84.5M (+7% YoY); GAAP net income $10.0M ($0.35 diluted EPS); non-GAAP net income $10.3M ($0.36).
Cambium Networks Q3 revenue $81.2M (+7% YoY), GAAP EPS $0.34, non-GAAP EPS $0.40
Enterprise (Wi-Fi) revenue record $38.3M, up 257% YoY and 60% sequentially.
Cambium Q2 rev $69.3M (-25% YoY); EPS $0.08 GAAP, $0.18 adj; Q3 rev $72-76M
Q2 revenue $69.3M, down 25% YoY, up 12% sequentially; Enterprise Wi-Fi revenue $24.0M, up 55% sequentially.
Cambium Networks Q1 revenue $61.9M (-30% YoY); guides FY2022 revenue $280-300M
Revenue $61.9M (-30% YoY, -21% QoQ); Enterprise Wi-Fi up 28% YoY to $15.5M.
Cambium Networks appoints Andrew Bronstein as CFO; Stephen Cumming departs
Stephen Cumming steps down as CFO effective April 13, 2022; departure not due to disagreement with auditors or management.
Preliminary Q1 2022 GAAP revenue expected at $61-63M versus prior guidance of $77.5-81.5M.
Cambium Networks Q4 revenue $78.7M (-5% YoY); full-year revenue up 21% to $335.9M
GAAP diluted EPS $0.05; non-GAAP diluted EPS $0.16; adjusted EBITDA $6.7M (8.6% of revenue).
Cambium Networks enters $75M credit facility, repays $30.9M existing debt
New $75M credit facility: $30M term loan drawn immediately, $45M revolver with $45M accordion.
Cambium Q3 rev $75.9M (-18% QoQ); Q4 rev guide $73.5-77.5M
GAAP net income $4.6M ($0.16/dil) vs $5.6M ($0.21) YoY; non-GAAP net income $6.7M ($0.23) vs $7.8M ($0.29).
Effective as of November 8, 2024, Ms. Sabrina Mekhalfa left Cambium Networks Corporation ("Cambium" or the "Company") as Global Controller and Chief Accounting Officer (Principal Accounting Officer).
Effective as of November 18, 2024, the Company has promoted Ms. Melissa Cada-Bartoli as Global Controller and Chief Accounting Officer, and designated her as the Company’s principal accounting officer.
On August 22, 2024, Cambium Networks Corporation (the "Company") reached agreement with Ms. Sabrina Mekhalfa, to join the Company as a consultant, for a six-month initial term, fulfilling the duties of the Global Controller and Chief Accounting Officer (Principal Accounting Officer) effective August 27, 2024.
On July 18, 2024, Mr. John Becerril advised Cambium Networks Corporation (the "Company") that he would be leaving his employment as the Company's Global Controller and principal accounting officer effective as of September 6, 2024.
In addition, on July 22, 2024, Mr. Bryan Sheppeck, Senior Vice President, Global Sales, and the Company reached agreement on his departure from the Company effective as of August 30, 2024.
Pursuant to the Separation Agreement, Ms. Nirwan will remain employed as the Company’s Chief Human Resources Officer through October 25, 2024 (the “Termination Date”) in order to assist with the transition of her duties.
Mr. John Becerril will step down as interim Chief Financial Officer and principal financial officer effective the Effective Date. Mr. Becerril will remain as Cambium Networks’ Global Controller and principal accounting officer.
On April 2, 2024 Cambium Networks Corporation (the “Company”) announced the appointment of Jacob Sayer as Chief Financial Officer of the Company, effective the Effective Date.
On January 16, 2024, Andrew Bronstein, Chief Financial Officer of Cambium Networks Corporation (the “Company”) notified the Company that he will resign as the Company’s Chief Financial Officer, effective February 2, 2024, in order to pursue other opportunities.
On January 18, 2024, the Board of Directors of the Company appointed John Becerril, age 57, as interim Acting Chief Financial Officer and principal financial officer for the period between Mr. Bronstein’s resignation effective February 2, 2024 and the commencement of employment of a new Chief Financial Officer.
the Board of Directors (the “Board”) of the Company appointed Morgan Kurk as President and Chief Executive Officer.
Atul Bhatnagar has stepped down from his position as President and Chief Executive Officer of the Company as of the Effective Date, but will continue to serve as a non-employee director of the Company.
Max materiality 0.95 · Median 0.70 · Most common event earnings