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HOFFMAN ESTATES, Ill. - Cambium Networks Corporation (NASDAQ:CMBM), currently trading at $0.77 with a market cap of $21.75 million, has received a delinquency notice from The Nasdaq Stock Market LLC for failing to file its quarterly financial report on time, according to a press release statement issued Monday. InvestingPro analysis indicates the company faces significant financial challenges, with data showing it may have trouble making interest payments on debt.
The networking solutions provider was notified on August 25 that it remains out of compliance with Nasdaq’s continued listing requirements due to its failure to timely file its Quarterly Report on Form 10-Q for the period ended June 30, 2025.
Nasdaq has confirmed that Cambium Networks has until October 13, 2025, to file its delinquent reports, which include its Annual Report on Form 10-K for 2024 and Quarterly Reports for the periods ended March 31 and June 30, 2025.
The stock exchange has requested that Cambium Networks provide an update to its original compliance plan by September 9, including details on how it intends to file the most recent quarterly report.
Cambium Networks, which describes itself as a provider of networking solutions for service providers, enterprises, industrial organizations, and governments, has not provided specific reasons for the delayed filings in its announcement.
The company’s stock continues to trade on the Nasdaq exchange while it works to address the compliance issues.
In other recent news, Cambium Networks Corporation reported stable customer shipments for the second quarter of 2025, billing approximately $40 million, which is consistent with the previous quarter. The company also saw a 6% increase in new customer orders, totaling about $47 million for the same period. Distributor sell-through rose by approximately 17% sequentially, with inventory levels now at or below pre-pandemic figures. Additionally, Cambium Networks has encountered a compliance issue with The Nasdaq Stock Market LLC. The company received a deficiency notice for failing to file its quarterly report on time, as required under Nasdaq Listing Rule 5250(c)(1). Cambium has until June 16, 2025, to file the overdue report or propose a plan to regain compliance, which could potentially extend the deadline to October 13, 2025, if approved by Nasdaq. These developments highlight the company’s recent operational activities and regulatory challenges.
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