Cambium Networks reports Q4 non-GAAP EPS 36c, consensus 25c

Reports Q4 revenue $84.5M, consensus $82.1M. "Our Q4 included healthy growth in revenues, solid profitability, and improved cash generation," said Atul Bhatnagar, CEO. "The Point-to-Multi-Point business returned to sequential growth, and we had a strong quarter for the Point-to-Point business from global defense spending. Cambium’s innovation in wireless broadband continues to benefit service providers, enterprises, industrial customers, and government agencies around the world with our broadening portfolio of gigabit wireless products and solutions. Our high-quality, yet affordable solutions, allow our customers to dramatically improve performance and quality of service. During 2023, Cambium expects to grow revenues and increase profitability as we continue to have healthy growth in the Enterprise business, ramp our next generation of multi-gigabit fixed wireless solutions in the Point-to-Multi-Point business, and benefit from increased global defense spending for our Point-to-Point products."