Cambium Networks Corporation provided earnings guidance for the second quarter and full year of 2022. For the quarter, the company expects revenue to be between $65.0 and $73.0 million. GAAP operating profit to between loss of $2.75 million and profit of $0.7 million. GAAP net income to between loss of $2.8 million and profit of $0.0 million or loss of $0.10 and profit of $0.0 per diluted share.

For the year, the company expects revenue to be between $280 million and $300 million, decreasing between 16.6%-10.7%. GAAP net income between loss of $1.3 million and profit of $10.3 million or between loss of $0.04 and profit of $0.36 per diluted share.