UPDATE: Goldman Sachs Upgrades Cambium Networks Corp. (CMBM) to Buy on Improved Revenue Visibility
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Cambium Networks Reports Fourth Quarter and Full Year 2020 Financial Results
February 18, 2021 4:01 PM ESTRecord revenues of $82.8 million, increased 13% sequentially, up 29% year-over-yearGross margin of 51.0%, non-GAAP(1) gross margin of 51.2%Record net income of $10.5 million or $0.38 per diluted share, record non-GAAP(1) net income of $10.7 million or $0.38 per diluted shareRecord Adjusted EBITDA(1) of $13.9 million or 16.8% of revenuesNet cash provided by operating activities $15.1 million
ROLLING MEADOWS, Ill., Feb. 18, 2021 (GLOBE NEWSWIRE) -- Cambium Networks Corporation (Cambium Networks) (NASDAQ: CMBM), a leading provider of wireless networking infrastructure solutions, today announced financial results for the fourth quarter and full year 2020 ended December 31,... More
Cambium Networks Reports Fourth Quarter and Full Year 2020 Financial Results
February 18, 2021 4:01 PM ESTRecord revenues of $82.8 million, increased 13% sequentially, up 29% year-over-yearGross margin of 51.0%, non-GAAP(1) gross margin of 51.2%Record net income of $10.5 million or $0.38 per diluted share, record non-GAAP(1) net income of $10.7 million or $0.38 per diluted shareRecord Adjusted EBITDA(1) of $13.9 million or 16.8% of revenuesNet cash provided by operating activities $15.1 million
ROLLING MEADOWS, Ill., Feb. 18, 2021 (GLOBE NEWSWIRE) -- Cambium Networks Corporation (Cambium Networks) (NASDAQ: CMBM), a leading provider of wireless networking infrastructure solutions, today announced financial results for the fourth quarter and full year 2020... More
