Brief: Cambium Networks Corp - Expects GAAP Revenues Of Between $61 Million -$63 Million In Q1

Cambium Networks

13/04/2022 21:05

April 13 (Reuters) - Cambium Networks Corp  CMBM.O :
    * EXPECTS GAAP REVENUES OF BETWEEN $61 MILLION -$63 MILLION
IN Q1
    * DURING LAST TWO WEEKS OF QUARTER, A LOCKDOWN IN SHANGHAI
CLOSED
OUR DISTRIBUTION AND WAREHOUSING FACILITY
    * Q1 REVENUE VIEW $79.5 MILLION -- REFINITIV IBES DATA
    * A LOCKDOWN BY CHINESE GOVERNMENT IN SHENZHEN AS A RESULT
OF
RISING COVID CASES IMPACTED MANUFACTURING DURING MIDDLE OF MARCH
    * EXPECT SOME RECOVERY IN REVENUES DURING Q2 2022, PENDING
REVERSAL OF PREVIOUS LOCKDOWNS AND NO ADDITIONAL COVID LOCKDOWNS

Source text for Eikon:  ID:nPncb3pxfa 
Further company coverage:  CMBM.O