Trade Cambium Networks - CMBM CFD

About Cambium Networks Corp

Cambium Networks Corporation is a provider of wireless fabric infrastructure for business and residential broadband and wireless fidelity (Wi-Fi). It offers fixed wireless broadband and Wi-Fi networking infrastructure solutions for commercial and government network operators as well as broadband service providers and other network operators, including industrial organizations, broadband service providers, and public and private networks. Its wireless fabric includes intelligent radios, smart antennas, radio frequency, algorithms, wireless-aware switches, and its on-premise or cloud-based network management software. It provides solutions, such as closed-circuit television (CCTV) backhaul, enterprise networking, hybrid networks, outdoor wireless for private networks, and small cell backhaul. Its Wi-Fi portfolio includes cnPilot cloud-managed Wi-Fi solutions; cnMatrix cloud-managed wireless-aware switching solutions; Xirrus Wi-Fi solutions, and Xirrus XMS management.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Cambium Networks Corp revenues increased 21% to $335.9M. Net income before extraordinary items increased from $17.7M to $37.4M. Revenues reflect Point-to-Multi-Point segment increase of 19% to $204.8M, Wi-Fi (cnPilot) segment increase of 67% to $66.9M, North America segment increase of 18% to $173.5M, Europe & Middle East & Africa segment increase of 15% to $93.1M.