Cambium Networks Corporation (NASDAQ: CMBM) Shareholders with Substantial Losses Should Contact Edelson Lechtzin LLP Before July 22, 2024 to Discuss the Pending Securities Fraud Class Action

What is the Role of a Lead Plaintiff? Cambium, based in Rolling Meadows, Illinois, provides fixed wireless and Wi-Fi services to broadband service providers and enterprises for Internet access. After the market closed on August 1, 2024, Cambium reported a 23% sequential drop in second-quarter 2023 revenue, attributed to excess channel inventories leading to reduced demand for Enterprise products. Consequently, the company lowered its 2023 guidance, expecting a 7% to 11% year-over-year decline in revenue, an ...