Aug. 27 at 1:14 AM
$CMBM Cambium Networks Corporation (NASDAQ:CMBM), currently trading at
$0.77 per share with a market capitalization of
$21.75 million, announced Tuesday that it billed approximately
$40 million in customer shipments during the second quarter of 2025.
The wireless networking infrastructure provider reported new customer orders of approximately
$47 million in Q2, representing a 6% increase from the previous quarter. The company also noted that distributor sell-through increased by approximately 17% sequentially, with inventory-in-the-channel now at or below pre-pandemic levels.
"We are encouraged by the stable shipping levels in the first two quarters as well as by our quarterly bookings which have improved sequentially in each of the two most recent quarters," said Morgan Kurk, president and CEO of Cambium Networks, in a press release statement.