Cambium networks receives delinquency notice from Nasdaq; updates on business and leadership change

Published 2 months ago Positive
Cambium networks receives delinquency notice from Nasdaq; updates on business and leadership change
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* Cabium Networks (NASDAQ:CMBM [https://seekingalpha.com/symbol/CMBM]) on Tuesday said that it had received a delinquency notice from Nasdaq on Aug. 25, 2025, for failing to timely file its quarterly report on Form 10-Q for the period that ended on June 30, 2025.
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The company must submit the overdue filings, including its 2024 Form 10-K and Q1 2025 Form 10-Q, by Oct. 13, 2025.

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The exchange has asked Cambium to update its compliance plan and file the Q2 2025 report by Sept. 9, 2025.

* Cambium billed about $40 million in shipments during Q2 2025, which is roughly the same as in Q1 2025.
* New orders up 6% and distributor sell-through rising 17%.
* Wi-Fi 7 shipments rose 75% in H1 2025 vs. H2 2024. Two new Wi-Fi 7 access points will launch in September.
* On the other hand, the company said that CFO Jacob Sayer will depart on September 5, 2025, and John Waldron, VP Finance and Accounting, will serve as acting CFO.
* CMBM -2.9% after hours to $0.7445
* Source: Press Release [https://seekingalpha.com/pr/20212418-cambium-networks-receives-delinquency-notice-from-nasdaq]

MORE ON CAMBIUM NETWORKS

* Seeking Alpha’s Quant Rating on Cambium Networks [https://seekingalpha.com/symbol/CMBM/ratings/quant-ratings]
* Historical earnings data for Cambium Networks [https://seekingalpha.com/symbol/CMBM/earnings]
* Financial information for Cambium Networks [https://seekingalpha.com/symbol/CMBM/income-statement]