Revenue: As of FY2025 Q2, the actual value is USD 39.39 M.EPS: As of FY2025 Q2, the actual value is USD -0.32.EBIT: As of FY2025 Q2, the actual value is USD -4.229 M.<h3>Financial and Operational Metrics by Segment</h3><h4>Revenue Overview</h4>CAMBIUM NETWORKS CORPORATION reported total revenues of $39,393 thousand for the three months ended June 30, 2025, representing a -12.9% decrease from $45,233 thousand in the prior-year period. For the six months ended June 30, 2025, total revenues were $73,135 thousand, down -20.8% from $92,303 thousand in the same period of 2024 .<h4>Segment Revenue Performance (Three Months Ended June 30)</h4><ul><li>Product Revenues: Decreased by -14.3% to $34,639 thousand in 2025 from $40,434 thousand in 2024, primarily due to lower demand and impacts from factory moves .</li><li>Subscriptions and Services Revenues: Remained relatively flat at $4,754 thousand in 2025 compared to $4,799 thousand in 2024, a decrease of -0.9% .</li></ul><h4>Segment Revenue Performance (Six Months Ended June 30)</h4><ul><li>Product Revenues: Decreased by -22.8% to $63,766 thousand in 2025 from $82,612 thousand in 2024 .</li><li>Subscriptions and Services Revenues: Decreased by -3.3% to $9,369 thousand in 2025 from $9,691 thousand in 2024 .</li></ul><h4>Revenue by Product Category (Three Months Ended June 30)</h4><ul><li>Point-to-Multi-Point (PMP): Decreased by -38.8% to $11,952 thousand (30% of total revenue) in 2025 from $19,520 thousand (43%) in 2024 .</li><li>Point-to-Point (PTP): Decreased by -23.5% to $10,999 thousand (28% of total revenue) in 2025 from $14,379 thousand (32%) in 2024 .</li><li>Enterprise: Increased by 53.9% to $15,395 thousand (39% of total revenue) in 2025 from $10,003 thousand (22%) in 2024 .</li><li>Other: Decreased by -21.3% to $1,047 thousand (3% of total revenue) in 2025 from $1,331 thousand (2%) in 2024 .</li></ul><h4>Revenue by Geography (Three Months Ended June 30)</h4><ul><li>North America: Increased by 1.8% to $19,669 thousand (50% of total revenue) in 2025 from $19,315 thousand (43%) in 2024 .</li><li>Europe, Middle East, Africa: Decreased by -27.0% to $11,633 thousand (30% of total revenue) in 2025 from $15,945 thousand (35%) in 2024 .</li><li>Caribbean and Latin America: Decreased by -35.3% to $3,512 thousand (9% of total revenue) in 2025 from $5,430 thousand (12%) in 2024 .</li><li>Asia Pacific: Remained flat at $4,579 thousand (12% of total revenue) in 2025 compared to $4,543 thousand (10%) in 2024 .</li></ul><h4>Gross Profit and Margin (Three Months Ended June 30)</h4><ul><li>Total Gross Profit: Increased to $16,061 thousand in 2025 from $14,706 thousand in 2024 .</li><li>Total Gross Margin: Improved to 40.8% in 2025 from 32.5% in 2024 .</li><li>Product Gross Margin: Increased to 38.7% in 2025 from 29.1% in 2024 .</li><li>Subscriptions and Services Gross Margin: Decreased to 55.7% in 2025 from 61.7% in 2024 .</li></ul><h4>Operating Expenses (Three Months Ended June 30)</h4><ul><li>Total Operating Expenses: Decreased by -16.2% to $22,626 thousand in 2025 from $26,996 thousand in 2024 .</li><li>Research and Development: Decreased by -19.0% to $7,412 thousand in 2025 from $9,149 thousand in 2024 .</li><li>Sales and Marketing: Decreased by -15.9% to $8,162 thousand in 2025 from $9,706 thousand in 2024 .</li><li>General and Administrative: Remained flat at $6,439 thousand in 2025 compared to $6,472 thousand in 2024 .</li><li>Depreciation and Amortization: Decreased by -72.8% to $454 thousand in 2025 from $1,669 thousand in 2024 .</li><li>Impairment: A charge of $159 thousand was incurred in 2025 for software, with no comparable charge in 2024 .</li></ul><h4>Operating Loss (Three Months Ended June 30)</h4><ul><li>The operating loss improved to -$6,565 thousand in 2025 from -$12,290 thousand in 2024 .</li></ul><h4>Net Loss (Three Months Ended June 30)</h4><ul><li>The net loss improved to -$9,125 thousand in 2025 from -$14,246 thousand in 2024 .</li></ul><h4>Interest Expense, Net (Three Months Ended June 30)</h4><ul><li>Increased by 67.3% to $2,336 thousand in 2025 from $1,396 thousand in 2024 .</li></ul><h4>Cash Flows (Six Months Ended June 30)</h4><ul><li>Net Cash Used in Operating Activities: Increased to -$14,099 thousand in 2025 from -$13,481 thousand in 2024 .</li><li>Cash Used in Investing Activities: Decreased to -$3,469 thousand in 2025 from -$6,952 thousand in 2024 .</li><li>Cash Provided by (Used in) Financing Activities: Changed from $44,318 thousand provided in 2024 to -$1,338 thousand used in 2025 .</li><li>Cash and Restricted Cash, End of Period: Decreased to $16,045 thousand in 2025 from $42,574 thousand in 2024 .</li></ul><h4>Unique Metrics &amp; Operational Costs</h4><ul><li>Share-based compensation: Total share-based compensation expense was $1,444 thousand for the three months ended June 30, 2025, compared to $2,561 thousand in the prior year period. For the six months ended June 30, 2025, it was $3,521 thousand, down from $5,147 thousand in 2024 .</li><li>Provision for inventory excess and obsolescence: For the six months ended June 30, 2025, there was a -$1,653 thousand reduction, compared to a $6,515 thousand provision in 2024 .</li><li>Provision for estimated credit losses: For the six months ended June 30, 2025, there was a -$96 thousand reduction, compared to an $893 thousand provision in 2024 .</li><li>Restructuring Charges: The company incurred $1,799 thousand in restructuring charges under the February 2025 plan for the six months ended June 30, 2025 .</li></ul><h4>Outlook and Strategy</h4>CAMBIUM NETWORKS CORPORATION faces significant macroeconomic headwinds, including higher interest rates, inflationary pressures, and geopolitical tensions, leading to softened demand and increased costs . The company anticipates negative impacts on revenues and gross margins due to increased competition and pricing pressure, particularly from new market entrants . Manufacturing challenges from relocating production are expected to continue into 2026, limiting the ability to meet customer demand . The company is not in compliance with credit facility covenants and faces substantial uncertainty regarding its ability to continue as a going concern, having ceased principal and interest payments on its term loan and interest on its revolving credit facility as of June 2025 . To improve profitability, the company is pursuing actions such as reducing discretionary spending, deferring capital expenditures, implementing cost reductions, and seeking additional capital through potential divestitures or capital raising transactions .

CAMBIUM NETWORKS CORPORATION | 10-Q: FY2025 Q2 Revenue: USD 39.39 M