Cambium Networks reports Q3 adjusted EPS (14c), consensus (17c)

Reports Q3 revenue $43.7M, consensus $45.31M. “We are pleased that, despite the market challenges, revenue and margins were within our guidance range for the third quarter. Most importantly, we generated continuing growth in the Enterprise portfolio of products. Margins improved and we delivered increased positive cash from operations compared to the second quarter 2024, and $5.2 million in free cash flow. Cambium’s product sales out of the distribution channel remain higher than reported revenues, and channel inventories declined, as reported by our distributors,” said Morgan Kurk, president and CEO.