Cambium Networks Appoints New CFO Amid Nasdaq Compliance Update, Shares Rise

Cambium Networks (CMBM) appointed Mitchell Cohen as interim CFO, replacing John Waldron, and received partial compliance from Nasdaq's Minimum Bid Price Rule. However, the company remains non-compliant with the Periodic Filing Rule. Shares saw a 3.9% increase in premarket trading. The company has a negative EPS of -3.03, zero operating margins, and a relatively high forward P/E ratio of 29.84. Institutional ownership is 63.57%, and analyst recommendations are neutral. The company faces several risks, including financial health grades and sector-specific risks in the technology hardware industry.