Jacob will succeed John Becerril, who is currently acting CFO following the January 2024 departure of Andrew Bronstein. John will remain as Cambium's Global Controller and principal accounting officer.
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/5/2023 | Outperform → Perform | Oppenheimer | |
| 10/5/2023 | Mkt Outperform → Mkt Perform | JMP Securities | |
| 8/2/2023 | $17.00 → $12.00 | Neutral → Underweight | JP Morgan |
| 11/15/2022 | $29.00 → $26.00 | Strong Buy → Outperform | Raymond James |
| 4/14/2022 | Outperform → Mkt Perform | Barrington Research | |
| 3/4/2022 | $38.00 → $25.00 | Buy → Hold | Jefferies |
| 2/22/2022 | $27.00 → $32.00 | Neutral | JP Morgan |
| 2/18/2022 | $35.00 → $43.00 | Strong Buy | Raymond James |
4 - Cambium Networks Corp (0001738177) (Issuer)
4 - Cambium Networks Corp (0001738177) (Issuer)
4 - Cambium Networks Corp (0001738177) (Issuer)
Revenues of $43.7 million decreased 5% sequentiallyGross margin of 39.9% and non-GAAP(1) gross margin of 42.3%, both higher sequentiallyOperating loss of $8.1 million, non-GAAP(1) operating loss of $3.6 millionNet loss of $9.7 million or a loss of $0.34 per diluted share; non-GAAP(1) net loss of $3.8 million or a loss of $0.14 per diluted shareNet cash provided by operating activities of $8.9 million; $46.5 million cash on the balance sheetAdjusted EBITDA(1) loss of $2.3 million or (5.3)% of revenues, an improvement of 65% sequentiallyHOFFMAN ESTATES, Ill., Nov. 7, 2024 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ:CMBM), a leading provider of wireless and wired n
HOFFMAN ESTATES, Ill., Oct. 28, 2024 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ:CMBM), a leading provider of wireless networking infrastructure solutions, today announced that it plans to report financial results for the third quarter 2024 ended September 30, 2024, on Thursday, November 7, 2024. Conference Call and Webcast Cambium Networks will host a live webcast and conference call to discuss its financial results and Q&A at 4:30 p.m. EDT, on Thursday, November 7, 2024, with Morgan Kurk, President and CEO, and Jacob Sayer, CFO. To join the live
Revenues of $45.9 million increased 9% sequentiallyGross margin of 31.4%, non-GAAP(1) gross margin of 33.5%Operating loss of $12.1 million, non-GAAP(1) operating loss of $7.9 millionNet loss of $9.1 million or a loss of $0.33 per diluted share, non-GAAP(1) net loss of $7.1 million or a loss of $0.25 per diluted shareNet cash provided by operating activities of $2.4 million; $42.6 million cash on the balance sheetAdjusted EBITDA(1) loss of $6.7 million or (14.5)% of revenues, an improvement of 57% sequentiallyHOFFMAN ESTATES, Ill., Aug. 8, 2024 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ:CMBM), a leading provider of wireless and wired networking infrastructure so
Cambium Networks (NASDAQ:CMBM), a leading global provider of networking solutions, today announced significant investments in its ConnectedPartner channel program aimed at providing more value and tools to its Enterprise partners such as Managed Wi-Fi Service Providers, Value Added Resellers, and System Integrators. The enhanced program introduces an Elite partner level, offering a host of new benefits designed to accelerate growth, reduce risk, and increase sales velocity. Cambium Networks' ONE Network platform is at the core of this initiative, simplifying the management of wired and wireless broadband and Wi-Fi network edge technologies. This allows network operators, either managed s
Cambium Networks (NASDAQ:CMBM), a leading global provider of networking solutions, today announced the full FCC and ISED certification of the PMP 450v Fixed Wireless Access Point and Subscriber Module, expanding its advanced connectivity solutions in the 6 GHz spectrum. PMP 450v is Cambium Networks' second fully accredited 6 GHz platform, joining the ePMP 4600 and ePMP Force 4625. Many broadband operators face capacity constraints due to crowded 5 GHz spectrum. With this certification, service providers, enterprises, and industrial network operators can now cost effectively add broadband capacity to both new and existing 3 GHz and 5 GHz deployments. The 6 GHz unlicensed spectrum uses an
4 - Cambium Networks Corp (0001738177) (Issuer)
4 - Cambium Networks Corp (0001738177) (Issuer)
4 - Cambium Networks Corp (0001738177) (Issuer)
8-K - Cambium Networks Corp (0001738177) (Filer)
10-Q - Cambium Networks Corp (0001738177) (Filer)
8-K - Cambium Networks Corp (0001738177) (Filer)
HOFFMAN ESTATES, Ill., April 2, 2024 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ:CMBM), a leading provider of wireless networking infrastructure solutions, today announced the appointment of Jacob Sayer as Chief Financial Officer, effective April 8, 2024. He will be responsible for Cambium's financial strategies and will lead the global finance organization, including planning, treasury, tax, reporting, and investor relations. Jacob will succeed John Becerril, who is currently acting CFO following the January 2024 departure of Andrew Bronstein. John will remain as Cambium's Global Controller and principal accounting officer.
ROLLING MEADOWS, Ill., May 31, 2023 /PRNewswire/ -- Cambium Networks (NASDAQ:CMBM), a leading global provider of networking solutions, today announced the appointment of Archana Nirwan to Chief Human Resources Officer. A highly experienced HR professional with more than 20 years of global experience, Ms. Nirwan has a long track record in scaling up and expanding growth organizations efficiently. Her previous experiences at Qualcomm, Cadence Design Systems and Fidelity Investments have proven her ability to drive organizational change and talent strategies for high-tech compani
Revenues of $43.7 million decreased 5% sequentiallyGross margin of 39.9% and non-GAAP(1) gross margin of 42.3%, both higher sequentiallyOperating loss of $8.1 million, non-GAAP(1) operating loss of $3.6 millionNet loss of $9.7 million or a loss of $0.34 per diluted share; non-GAAP(1) net loss of $3.8 million or a loss of $0.14 per diluted shareNet cash provided by operating activities of $8.9 million; $46.5 million cash on the balance sheetAdjusted EBITDA(1) loss of $2.3 million or (5.3)% of revenues, an improvement of 65% sequentiallyHOFFMAN ESTATES, Ill., Nov. 7, 2024 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ:CMBM), a leading provider of wireless and wired n
HOFFMAN ESTATES, Ill., Oct. 28, 2024 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ:CMBM), a leading provider of wireless networking infrastructure solutions, today announced that it plans to report financial results for the third quarter 2024 ended September 30, 2024, on Thursday, November 7, 2024. Conference Call and Webcast Cambium Networks will host a live webcast and conference call to discuss its financial results and Q&A at 4:30 p.m. EDT, on Thursday, November 7, 2024, with Morgan Kurk, President and CEO, and Jacob Sayer, CFO. To join the live
Collaboration Aims to Increase Access to Affordable High-Speed Broadband in Underserved Communities Benefitting Over 440,000 Households HOFFMAN ESTATES, Ill., Aug. 29, 2024 /PRNewswire/ -- Cambium Networks (NASDAQ:CMBM), a leading global provider of wireless and wired networking solutions, today announced a strategic collaboration with QUILT, a 501(c)(3) nonprofit organization, NODE Networks, TMA Technology Solutions, and ComEd to enhance digital equity in underserved communities across Chicago as part of QUILT's Broadband Access for Brighter Futures Program. The program will deploy a 401-mile fiber network across Cook County and the South Side and West Side of Chicago, incorporating 30 stra
SC 13G - Cambium Networks Corp (0001738177) (Subject)
SC 13D/A - Cambium Networks Corp (0001738177) (Subject)
Oppenheimer downgraded Cambium Networks from Outperform to Perform
JMP Securities downgraded Cambium Networks from Mkt Outperform to Mkt Perform
JP Morgan downgraded Cambium Networks from Neutral to Underweight and set a new price target of $12.00 from $17.00 previously