Cambium Networks (CMBM) Tops Q1 EPS by 8c

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Go back to Cambium Networks (CMBM) Tops Q1 EPS by 8c

Cambium Networks Reports First Quarter 2021 Financial Results

May 6, 2021 4:01 PM EDT

Record revenues of $88.5 million, increased 7% sequentially, up 46% year-over-yearGross margin of 49.9%, non-GAAP(1) gross margin of 50.1%Record operating income of $13.4 million, record non-GAAP operating income of $15.5 millionRecord net income of $19.9 million or $0.70 per diluted share, record non-GAAP(1) net income of $11.7 million or $0.41 per diluted shareRecord Adjusted EBITDA(1) of $16.5 million or 18.6% of revenues

ROLLING MEADOWS, Ill., May 06, 2021 (GLOBE NEWSWIRE) -- Cambium Networks Corporation (Cambium Networks) (NASDAQ: CMBM), a leading provider of wireless networking infrastructure solutions, today announced financial results for the first quarter 2021 ended March 31,... More