188宝金博怎么下载Cambium Networks报告了2021年第三季度财务业绩

2021年11月4日,美国东部时间4:01
- 收入为7590万美元,依次下降18%,同比增长4%
- 毛利率为47.4%,非GAAP(1)毛利率为47.8%
- 580万美元的营业收入,非GAAP营业收入870万美元
- Net income of $4.6 million or $0.16 per diluted share, non-GAAP(1) net income of $6.7 million or $0.23 per diluted share
- 调整后的EBITDA(1)美元的960万美元或12.6%的收入

ROLLING MEADOWS, Ill.,,,, 2021年11月4日/美通社/ - 188宝金博怎么下载Cambium Networks Corporation(” 188宝金博怎么下载 ”(NASDAQ:CMBM),无线网络基础设施解决方案的领先提供商,今天宣布了2021年第三季度的财务业绩结束188足彩外围 September 30, 2021

188宝金博怎么下载Cambium Networks徽标(PRNEWSFOTO/CAMBIUM网络)


GAAP


非GAAP(1)

(in millions, except percentages)


Q3 2021


Q2 2021


Q3 2020


Q3 2021


Q2 2021


Q3 2020

收入


$ 75.9


$ 92.7


$ 73.0


$ 75.9


$ 92.7


$ 73.0

Gross margin


47.4%


49.7%


49.4%


47.8%


50.0%


49.7%

Operating margin


7.7%


15.4%


10.0%


11。4%


18。9%


14。6%

调整后的EBITDA边缘








12.6%


19.9%


15.6%




1

请参阅本新闻稿伴随的补充财务信息,以核对GAAP与非GAAP数字以及第三季度调整后的EBITDA的对帐 September 30, 2021

“尽管需求仍然很强劲,但由于超过预期的全球供应限制,我们对第三季度的业绩感到失望,从而影响了产品的采购和运输。” 阿图尔·巴特纳加尔(Atul Bhatnagar),总裁兼首席执行官。“我们的固定无线宽带和企业Wi-Fi解决方案(包括我们的多gigabit产品和我们的云优先软件解决方案)的未来成功率仍然完好无损。我们预计,扩大规模应该会使Cambium的未来运营成果受益,我们会受益于我们188足彩外围继续专注于明智地管理我们的成本,同时继续投资创新产品以保持我们的技术优势。”

Bhatnagar continued, "Cambium celebrated its 10th anniversary as a standalone company this October. We have built an innovative, sustainable, and prosperous business over the past decade, and remain excited about the next wave of multi-gigabit millimeter wave technology about to be unleashed in the upcoming months and years ahead. Cambium continues to work diligently with different governments, enterprises, and agencies to deploy our affordable wireless solutions."

收入 7590万美元2021年第三季度增加 290万美元year-over-year primarily as a result of increased demand for Point-to-Multi-Point and enterprise Wi-Fi solutions due to service providers continuing to scale networks due to requests for increased capacity and new product introductions, offset by lower 点对点较低联邦业务的收入。2021年第三季度的收入减少 1680万美元compared to $92.7 million第二季度第二季度,主要是由于点对点点的较低收入和 点对点由于全球供应限制对产品的运输产生负面影响,产品以及企业Wi-Fi解决方案。188足彩外围

2021年第三季度的GAAP毛利率为47.4%,而2020年第三季度为49.4%,第二季度第二季度为49.7%。2021年第三季度的GAAP运营收入为 580万美元,,,,compared to 730万美元for the third quarter 2020, and 1,430万美元for the second quarter 2021. GAAP net income for the third quarter 2021 was $4.6 million,或净收入的 $ 0.16与净收入相比 $5.6 million,或净收入的 $ 0.21per diluted share for the third quarter 2020, and net income of 1150万美元,或净收入的 $ 0.402021年第二季度的稀释份额。

2021年第三季度的非GAAP毛利率为47.8%,而2020年第三季度为49.7%,2021年第二季度为50.0%。2021年第三季度的非GAAP运营收入为 870万美元,,,,compared to 1060万美元for the third quarter 2020, and $17.5 millionfor second quarter 2021. Non-GAAP net income for the third quarter 2021 was 670万美元, 要么 $ 0.23per diluted share, compared to 780万美元, 要么 $ 0.29per diluted share for the third quarter 2020, and $12.9 million, 要么 $ 0.452021年第二季度的稀释份额。For the third quarter 2021, adjusted EBITDA was 960万美元或收入的12.6%adjusted EBITDA of $11.4 million要么15.6%of revenues for the third quarter 2020, and $18.4 million要么19.9%of revenues for the second quarter 2021.

现金provided by operating activities was $11.8 million2021年第三季度 $16.4 millionfor the third quarter 2020, and 2010万美元for the second quarter 2021. Cash totaled $58.6 million作为 September 30, 2021,,,, 850万美元比......高 September 30, 2020,主要是由于本年度净收入提高,强大的营运资金管理,被偿还 2710万美元of debt. The $7.2 million增加现金余额从 2021年6月30日,,,,primarily reflects the positive impact from net income and improved working capital management.

2021年第三季度亮点

  • 收入 7590万美元,,,,up 4% year-over-year.
  • GAAP净收入 $4.6 million要么 $ 0.16稀释份额和非GAAP净收入 670万美元要么 $ 0.23per diluted share.
  • 调整后的EBITDAof 960万美元或收入的12.6% $11.4 million要么15.6%of revenues for the third quarter 2020.
  • Point-to-Multi-Point revenues of 5010万美元,同比增长16%。
  • 点对点收入 $13.9 million,,,,decreased 23% year-over-year.
  • Enterprise Wi-Fi revenues of 1070万美元,同比增长8%。
  • 净新渠道合作伙伴同比增加了2,270多,增长了27%。
  • Devices under cnMaestro® Cloud management increased 47% year-over-year.
  • 10月,Cambium188宝金博怎么下载 Networks庆祝其10Thanniversary since becoming a standalone company.

考虑到我们当前的可见性,截至 November 4, 2021,第四季度结束 December 31, 2021,预计将如下:

Fourth Quarter 2021 Financial Outlook

  • 收入between $ 73.5- $ 7750万美元
  • GAAP毛利率在45.3%-46.8%之间;和非GAAP毛利率在45.5%-47.0%之间
  • GAAP operating expenses between $ 31.1- $ 3210万美元;and non-GAAP operating expenses between $ 28.5- $ 2950万美元
  • GAAP营业收入between $ 2.2- $ 420万美元;and non-GAAP operating income between $4.9-$6.9 million
  • 利息费用,大约 $0.9 million
  • GAAP net income between $ 1.2- $ 290万美元要么between $ 0.04and $ 0.10稀释的份额;和非GAAP净收入 $ 3.3- $ 480万美元要么between $ 0.11and $ 0.17per diluted share
  • 调整后的EBITDAbetween $5.8-$7.8 million;并调整了7.9%-10.1%之间的EBITDA余量
  • GAAP有效税率约为10.0%-12.0%;和非GAAP有效税率约为19.0%-21.0%
  • Approximately 28.8 million weighted average diluted shares outstanding

现金要求预计如下:

  • 现金flow interest expense: approximately $0.4 million
  • 资本支出: $2.0-$2.3 million

188宝金博怎么下载 financial outlook does not include the potential impact of any possible future financial transactions, acquisitions, pending legal matters, or other transactions. Accordingly, 188宝金博怎么下载 在ly includes such items in the company's financial outlook to the extent they are reasonably foreseeable; however, actual results may differ materially from the outlook.

Conference Call and Webcast

188宝金博怎么下载 将主持现场网络广播和电话会议,讨论其财务结果 4:30 p.m. ET今天, Thursday, November 4, 2021。要通过电话访问现场会议,听众应拨打+1(877)288-4394 U.S.要么 加拿大and +1(470) 495-9483 for international callers, referencing conference ID number 6175585. To join the live webcast and view additional materials, listeners should access the investor page of 188宝金博怎么下载 网站athttps://investors.cambiumnetworks.com/。Following the live webcast, a replay will be available on the investor page of 188宝金博怎么下载 网站for a period of one year. A replay of the conference call will be available for 48 hours soon after the call by phone by dialing +1(855) 859-2056 in the U.S.要么 加拿大和+1(404)537-3406用于国际呼叫者,使用会议ID编号6175585。

此外, 188宝金博怎么下载 President and CEO, 阿图尔·巴特纳加尔(Atul Bhatnagar),将与投资者进行一对一的会议,包括 2021年11月16日星期二,在Needham Virtual 安全,网络和通信会议; 2021年11月17日,星期三,在 罗斯资本虚拟技术会议; 2021年12月6日星期一 雷蒙德·詹姆斯虚拟技术投资者会议;and 2021年12月14日,星期二在Oppenheimer Technology 5G Summit. All conferences and meetings will be held virtually. To join the live webcasts for the conferences, listeners should access the investor page of 188宝金博怎么下载 网站https://investors.cambiumnetworks.com/。在实时网络广播之后,将在同一网址的活动档案中可用一个重播。

关于 188宝金博怎么下载

188宝金博怎么下载 提供为全球企业,社区和城市工作的无线通信。部署了数百万的收音机,以将人,地方和事物与统一的无线织物联系起来,该织物涵盖了固定无线和Wi-Fi的多个标准和频率,所有这些都通过云进行了管理。我们的多Gigabit无线面料对传统纤维和替代无线解决方案提供了令人信服的价值主张。188足彩外围我们与Cambium认证的连接派员合作,为城市,郊区和农村环境中的服务提供商,企业,工业和政府连接解决方​​案提供专门建立的网络,并使用无线的无线网络。188足彩外围

Cautionary Note Regarding Forward-Looking Statements

This release contains certain forward-looking statements within the meaning of the federal securities laws. All statements other than statements of historical fact contained in this document, including statements regarding our future results of operations and financial position, business strategy and plans and objectives of management for future operations, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.

在某些情况下,您可以按诸如“可能”,“应该”,“期望”,“预期”,“可以”,“可能”,“目标”,“目标”,“项目”,“项目”,“项目”,“项目”,“项目”,“项目”,“项目”,“项目”,“项目”,“项目”,“项目”,“”项目,项目,项目,项目,项目,项目,项目,项目,项目,项目,项目,项目,项目,项目,项目,项目,项目,项目,项目,项目,项目,项目,项目,项目,“”项目,““考虑”,“相信”,“估计”,“预测”,“潜在”或“继续”或这些术语或其他类似表达的否定。本文档中的前瞻性语句仅是预测。我们已经将这些前瞻性陈述基于我们当前对未来事件和财务趋势的预期和预测,我们认为这可能会影响我们的业务,财务状况和经营业绩。这些前瞻性陈述仅在本文档之日起说明,并受到许多风险,不确定性和假设的约束,包括我们2020年的“风险因素”部分中描述的关于向提交的10-K表格的年度报告的“风险因素”部分中所述的。 Securities and Exchange Commission 2021年3月1日and most recent Quarterly Report on Form 10-Q filed on August 9, 2021。由于前瞻性陈述固有地受到风险和不确定性的约束,其中一些无法预测或量化,因此您不应依靠这些前瞻性陈述作为对未来事件的预测。我们的前瞻性陈述中反映出的事件和情况可能无法实现或发生,实际结果可能与前瞻性陈述中的预测的结果有所不同。可能导致实际结果与我们的期望不同的一些关键因素包括:我们运营结果的不可预测性;全球对某些组件(包括半导体芯片组)的影响;全球运输和物流的限制;我们无法预测和回应新兴的技术趋势和网络运营商不断变化的需求;全球COVID-19大流行带来的风险可能会严重破坏我们的制造,销售和其他运营,并对我们的财务业绩产生负面影响;我们对第三方制造商的依赖,这使我们遭受了产品交付延误的风险,并减少了对产品成本和质量的控制;我们依靠分销商和增值转售商在大量销售中; the inability of our third-party logistics and warehousing providers to deliver products to our channel partners and network operators in a timely manner; the quality of our support and services offerings; our or our distributors' and channel partners' inability to attract new network operators or sell additional products to network operators that currently use our products; the technological complexity of our products, which may contain undetected hardware defects or software bugs; our channel partners' inability to effectively manage inventory of our products, timely resell our products or estimate expected future demand; our inability to manage our growth and expand our operations; unpredictability of sales and revenues due to lengthy sales cycles; our inability to maintain an effective system of internal controls, produce timely and accurate financial statements or comply with applicable regulations; our reliance on the availability of third-party licenses; risks associated with international sales and operations; current or future unfavorable economic conditions, both domestically and in foreign markets and political tensions among the U.S.and 中国;我们无法为我们的产品获得知识产权保护。

除适用法律要求外,我们不打算公开更新或修改此处包含的任何前瞻性陈述,无论是由于任何新信息,未来事件还是其他方式。

188宝金博怎么下载Cambium Networks Corporation

凝结的合并操作陈述

(成千上万,股份和每股金额除外)

(未经审计)



三个月结束了



September 30, 2021


2021年6月30日


September 30, 2020








收入


$ 75,920


$ 92,709


$ 72,971

收入成本


39,900


46,617


36,902

毛利


36,020


46,092


36,069

Gross margin


47.4%


49.7%


49.4%

营业费用







Research and development


12,082


12,617


10,213

销售和营销


9,,,,938


9,,,,718


8,293

General and administrative


6,640


7,896


8,604

Depreciation and amortization


1,548


1,564


1,,,,643

Total operating expenses


30,208


31,,,,795


28,753

营业收入


5,812


14,297


7,316

Operating margin


7.7%


15.4%


10.0%

利息费用,网络


752


1,316


1,259

其他费用,网络


88


79


318

所得税之前的收入


4,972


12,902


5,739

所得税的规定


355


1,,,,385


144

Net income


$ 4,617


$ 11,517


$ 5,595








每股收益







基本的


$ 0.17


$ 0.44


$ 0.22


$ 0.16


$ 0.40


$ 0.21

加权平均股票数量已发行
earnings per share







基本的


26,540,843


26,365,207


25,691,357


28,639,177


28,909,348


26,346,673








Share-based compensation included in costs and expenses:







收入成本


$ 39


$ 50


$ 16

Research and development


834


842


396

销售和营销


540


539


251

General and administrative


663


667


291

总股票补偿费用


$ 2,076


$ 2,098


$ 954

188宝金博怎么下载Cambium Networks Corporation

凝结合并资产负债表

(成千上万,除了共享信息)

(未经审计)



September 30, 2021


December 31, 2020

ASSETS





Current assets





现金


$ 58,596


$ 62,472

Accounts receivable, net of allowance of $723and $919


70,584


58,114

库存,网


28,789


33,,,,962

可收回的所得税


1,262


1,,,,420

预付的费用


5,239


4,143

其他流动资产


4,408


5,024

流动资产总额


168,878


165,135






非流动资产





财产和设备,网络


10,296


7,535

Software, net


5,000


3,,,,438

Operating lease assets


5,227


5,083

Intangible assets, net


11,240


12,895

Goodwill


9,842


9,842

Deferred tax assets, net


7,961


1,537

其他非流动资产


568


288

总资产


$ 219,012


$ 205,753

负债和权益





流动负债





应付账款


$ 24,882


$ 30,859

Accrued liabilities


18,827


20,160

员工赔偿


13,,,,465


14,911

Current portion of long-term external debt, net


-


29,201

递延收入


7,257


6,471

Other current liabilities


5,586


6,009

总体负债总额


70,017


107,611

Noncurrent liabilities





长期外债,网络


30,249


24,957

递延收入


5,308


4,448

非流动运营租赁负债


3,999


3,332

Deferred tax liabilities, net


9


9

Other noncurrent liabilities


1,978


2,009

负债总额


111,560


142,366

股东权益





共享资本; $0.0001面值;授权的5亿股 December 31, 2020and September 30, 2021;26,034,629outstanding at December 31, 2020和26,639,483股流通 September 30, 2021


3


3

资本的额外支付


120,603


109,837

财政部股票以成本为146,718股 September 30, 2021and 92,146 shares at December 31, 2020


(3,663)


(1,090)

Accumulated deficit


(8,805)


(44,799)

积累了其他全面损失


(686)


(564)

Total shareholders' equity


107,452


63,387

TOTAL LIABILITIES AND EQUITY


$ 219,012


$ 205,753

188宝金博怎么下载Cambium Networks Corporation

凝结的合并现金流量陈述

(In thousands)

(未经审计)










Three Months Ended



September 30, 2021


2021年6月30日


September 30, 2020

经营活动的现金流量:







Net income


$ 4,617


$ 11,517


$ 5,595

调整以调整净收入与经营的净现金
活动:







Depreciation and amortization


1,775


1,751


1,,,,807

Amortization of debt issuance costs


86


440


136

Share-based compensation


2,076


2,098


954

Deferred income taxes


(805)


748


(434)

提供库存过剩和过时的


85


(60)


881

Other


(159)


14


433

资产和负债的变化:







Receivables


10,092


(10,881)


(1,536)

库存


(481)


3,102


156

预付的费用


(1,504)


3,500


(243)

应付账款


(5,628)


5,295


5,156

应计员工赔偿


1,,,,652


2,565


2,915

Other assets and liabilities


13


49


565

经营活动提供的净现金


11,819


20,138


16,,,,385

投资活动的现金流量:







Purchase of property and equipment


(2,233)


(1,150)


(890)

购买软件


(992)


(801)


(485)

用于投资活动的净现金


(3,225)


(1,951)


(1,375)

现金flows from financing activities:







偿还定期贷款


(2,500)


(19,572)


(2,500)

Issuance of ordinary shares


-


833


-

与股票净额结算有关的税款


(69)


(622)


(15)

共享期权练习的收益


1,196


1,,,,374


163

用于融资活动的现金净现金


(1,373)


(17,987)


(2,352)

Effect of exchange rate on cash


(22)


15


18

现金净增加


7,199


215


12,676

现金,开始期


51,397


51,182


37,444

现金,,,,end of period


$ 58,596


$ 51,397


$ 50,120








Supplemental disclosure of cash flow information:







Income taxes paid


$ 194


$ 287


$ 1,205

Interest paid


$ 424


$ 631


$ 925

188宝金博怎么下载Cambium Networks Corporation

补充财务信息

(In thousands)

(未经审计)








按产品类型收入









Three Months Ended



September 30, 2021


2021年6月30日


September 30, 2020

Point-to-Multi-Point


$ 50,144


$ 59,796


$ 43,342

点对点


13,890


14,,,,066


17,967

无线上网


10,734


18,,,,297


9,,,,949

Other


1,,,,152


550


1,713

Total Revenues


$ 75,920


$ 92,709


$ 72,971








REVENUES BY REGION









Three Months Ended



September 30, 2021


2021年6月30日


September 30, 2020

North America


$ 36,564


$ 49,346


$ 38,656

欧洲,,,, Middle East和非洲


23,414


24,943


20,250

加勒比海and Latin America


7,993


12,152


9,,,,138

亚太地区


7,949


6,268


4,927

Total Revenues


$ 75,920


$ 92,709


$ 72,971

Use of non-GAAP (Adjusted) Financial Measures

除了根据公认的会计原则提供财务衡量 The United States(GAAP),我们提供其他未根据GAAP(非GAAP)准备的财务指标,包括调整后的EBITDA,非GAAP毛利率,非GAAP运营费用,非GAAP运营收入和非GAAP运营利润率,非GAAP税前收入,非GAAP为所得税,非GAAP净收入以及非GAAP完全加权的基本股份和稀释股份。管理层使用这些非GAAP财务措施,除了GAAP财务指标外,还可以理解和比较跨会计期间的运营结果,以进行财务和运营决策,以计划和预测目的,以衡量高管薪酬并评估我们的财务绩效。我们认为,这些非GAAP财务措施有助于我们确定业务中的潜在趋势,否则我们可以通过我们在非GAAP财务指标计算中排除的费用的效果来掩盖这些趋势。

我们认为,这些财务措施以一种允许有意义的比较和分析业务趋势的方式反映了我们的业务前景。尽管非GAAP财务措施的计算可能因公司而异,但我们的详细演示可能会促进管理层和投资者与其他同行公司对我们的运营结果的分析和比较,其中许多使用类似的非GAAP财务指标来补充他们GAAP导致他们的公开披露。这些非GAAP财务措施将在下面讨论。

调整后的EBITDAis defined as net income as reported in our consolidated statements of income excluding the impact of (i) interest expense (income), net; (ii) income tax provision (benefit); (iii) depreciation and amortization expense; (iv) nonrecurring legal expenses, (v) share-based compensation expense, (vi) secondary offering expenses, (vii) one-time acquisition costs, and (viii) restructuring expenses. EBITDA is widely used by securities analysts, investors and other interested parties to evaluate the profitability of companies. EBITDA eliminates potential differences in performance caused by variations in capital structures (affecting net finance costs), tax positions (such as the availability of net operating losses against which to relieve taxable profits), the cost and age of tangible assets (affecting relative depreciation expense) and the extent to which intangible assets are identifiable (affecting relative amortization expense). We adjust EBITDA to also exclude nonrecurring legal expenses since this is one-time in nature and does not reflect our ongoing operations. We adjust EBITDA for share-based compensation expense which is a non-cash expense that varies in amount from period to period and is dependent on market forces that are often beyond 188宝金博怎么下载 控制。As a result, management excludes this item from 188宝金博怎么下载 内部操作预测和模型。我们还调整了EBITDA,以排除一次性收购成本和重组费用和次要提供费用,因为这些与普通运营过程之外的事件有关,并更准确地比较了我们正在进行的业务结果。

非GAAPgross margin, non-GAAP operating expenses, non-GAAP operating income and non-GAAP operating margin, non-GAAP effective tax rate and non-GAAP net income are used as a supplement to our unaudited condensed consolidated financial statements presented in accordance with GAAP. We believe these non-GAAP measures are the most meaningful for period-to-period comparisons because they exclude the impact of share-based compensation expense, restructuring expenses and secondary offering expenses, nonrecurring legal expenses, write-down of debt issuance costs upon prepayment of debt amortization of acquired intangibles, and amortization of capitalized software costs as we do not consider these costs and expenses to be indicative of our ongoing operations.

基于股份的薪酬费用and associated employment taxes paid are excluded. Management may issue different types of awards, including share options, restricted share awards and restricted share units, as well as awards with performance or other market characteristics, and excludes the associated expense in this non-GAAP measure. Share-based compensation expense is a non-cash expense that varies in amount from period to period and is dependent on market forces that are often beyond 188宝金博怎么下载 控制虽然相关的就业税是基于现金的费用,而期间到周期的金额各不相同,并且依赖于市场力量以及通常超出的管辖权税法 188宝金博怎么下载 控制。

非经常费用include settlements of existing or threatened litigation. Secondary offering expenses were incurred by 188宝金博怎么下载 associated with the registration and sale in 2021年6月of 2,000,000 ordinary shares held by Vector Capitaland during 2020年12月由2500,000股持有的普通股 Vector Capital 188宝金博怎么下载 did not raise any additional capital in the offering and the expenses are excluded as not part of continuing operations.

获得的无形资产的摊销包括客户关系,未经执行的技术,专利,软件和商标,因此被排除在外,因为这些并不表示持续运营。

资本化软件成本的摊销包括资本化的研发活动和开发活动,摊销了其用途,并包括在收入成本中,因此被排除在外,因为这些活动并不表示持续运营。

Acquisition and integration costs consist of legal and professional fees relating to the acquisition of Xirrus 188宝金博怎么下载 不包括这些费用,因为这些费用是由于事件超出了持续运营的普通过程而导致的。

重组费用s consist primarily of severance costs for employees which are not related to future operating expenses. 188宝金博怎么下载 不包括这些费用,因为这些费用是由于事件超出了持续运营的普通过程而导致的。不包括这些费用可以更准确地比较 188宝金博怎么下载 在going business results.

我们的非GAAP税收调整包括基于股份的薪酬费用所产生的税收影响,包括公司的产生后可获得的超额或减少税收优惠以及公司所得税估值津贴的影响,最初在本季度结束时确认 2019年6月30日并在本季度逆转结束 March 31, 2021 188宝金博怎么下载 excludes these amounts to more closely approximate the company's ongoing effective tax rate after adjusting for one-time or unique reoccurring items. The associated non-GAAP effective tax rate is also applied to the gross amount of non-GAAP adjustments for purposes of calculating non-GAAP net income in total and on a per-share basis. This approach is designed to enhance the ability of investors to understand the company's tax expense on its current operations, provide improved modeling accuracy, and substantially reduce fluctuations caused by GAAP adjustments which may not reflect actual cash tax expense.

非GAAP完全加权的基本股份和稀释股份在整个期间显示为未偿还的股份,并包括稀释股份,如果其对每股收益的影响是稀释的。我们还使用非GAAP完全加权的基本股份和稀释的股票来在各个时期提供更可比的每股结果。

These non-GAAP financial measures do not replace the presentation of our GAAP financial results and should only be used as a supplement to, not as a substitute for, our financial results presented in accordance with GAAP. There are limitations in the use of non-GAAP measures because they do not include all the expenses that must be included under GAAP and because they involve the exercise of judgment concerning exclusions of items from the comparable non-GAAP financial measure. In addition, other companies may use other measures to evaluate their performance, or may calculate non-GAAP measures differently, all of which could reduce the usefulness of our non-GAAP financial measures as tools for comparison. We present a "Reconciliation of GAAP Financial Measures to Non-GAAP Financial Measures" in the tables below.

The following table reconciles net income to Adjusted EBITDA, the most directly comparable financial measure, calculated and presented in accordance with GAAP (in thousands):

188宝金博怎么下载Cambium Networks Corporation

非GAAP调整EBITDA的补充时间表

(In thousands)

(未经审计)



三个月结束了



September 30, 2021


2021年6月30日


September 30, 2020

Net income


$ 4,617


$ 11,517


$ 5,595

利息费用,网络


752


1,316


1,259

所得税的规定


355


1,,,,385


144

Depreciation and amortization


1,775


1,751


1,,,,807

EBITDA


7,499


15,969


8,805

Share-based compensation


2,076


2,098


954

次要提供费用


-


376


-

非经常费用


-


-


1,,,,625

重组费用


-


-


19

调整后的EBITDA


$ 9,575


$ 18,443


$ 11,403








调整后的EBITDA边缘


12.6%


19.9%


15.6%

The following table reconciles all other GAAP to non-GAAP financial measures (in thousands):

188宝金博怎么下载Cambium Networks Corporation

RECONCILIATION OF GAAP FINANCIAL MEASURES TO NON-GAAP FINANCIAL MEASURES

(In thousands, except per share data)

(未经审计)










Three Months Ended



September 30, 2021


2021年6月30日


September 30, 2020

GAAP gross profit


$ 36,020


$ 46,092


$ 36,069

基于股份的薪酬费用


39


50


16

资本化软件成本的摊销


227


187


163

非GAAP毛利


$ 36,286


$ 46,329


$ 36,248

非GAAPgross margin


47.8%


50.0%


49.7%








GAAP研发费用


$ 12,082


$ 12,617


$ 10,213

基于股份的薪酬费用


834


842


396

重组费用


-


-


19

非GAAP研发费用


$ 11,248


$ 11,775


$ 9,798








GAAP sales and marketing expense


$ 9,938


$ 9,718


$ 8,293

基于股份的薪酬费用


540


539


251

非GAAP销售和营销费用


$ 9,398


$ 9,179


$ 8,042








GAAP一般和行政费用


$ 6,640


$ 7,896


$ 8,604

基于股份的薪酬费用


663


667


291

次要提供费用


-


376


-

非经常费用


-


-


1,,,,625

非GAAP一般和行政费用


$ 5,977


$ 6,853


$ 6,688








GAAP折旧和摊销


$ 1,548


$ 1,564


$ 1,643

Amortization of acquired intangibles


551


551


551

非GAAP折旧和摊销


$ 997


$ 1,013


$ 1,092








GAAP营业收入


$ 5,812


$ 14,297


$ 7,316

基于股份的薪酬费用


2,076


2,098


954

次要提供费用


-


376


-

非经常费用


-


-


1,,,,625

资本化软件成本的摊销


227


187


163

Amortization of acquired intangibles


551


551


551

重组费用


-


-


19

非GAAPoperating income


$ 8,666


$ 17,509


$ 10,628








GAAP税前收入


$ 4,972


$ 12,902


$ 5,739

基于股份的薪酬费用


2,076


2,098


954

次要提供费用


-


376


-

非经常费用


-


-


1,,,,625

资本化软件成本的摊销


227


187


163

Amortization of acquired intangibles


551


551


551

Write-down of debt issuance costs upon prepayment of debt


-


338


-

重组费用


-


-


19

非GAAP税前收入


$ 7,826


$ 16,452


$ 9,051








出售所得税的GAAP


$ 355


$ 1,385


$ 144

估值津贴影响


-


-


(470)

Tax impacts of share vesting


(519)


(1,414)


-

Tax effect of Non-GAAP adjustments, using non-GAAP ETR


(571)


(710)


(662)

All other discrete items


280


(61)


-

非GAAPprovision for income taxes


$ 1,165


$ 3,570


$ 1,276

非GAAPETR


14。9%


21.7%


14.1%








GAAP net income


$ 4,617


$ 11,517


$ 5,595

基于股份的薪酬费用


2,076


2,098


954

次要提供费用


-


376


-

非经常费用


-


-


1,,,,625

资本化软件成本的摊销


227


187


163

Amortization of acquired intangibles


551


551


551

Write-down of debt issuance costs upon prepayment of debt


-


338


-

重组费用


-


-


19

非GAAPadjustments to tax


(239)


(1,475)


(470)

Tax effect of Non-GAAP adjustments, using non-GAAP ETR


(571)


(710)


(662)

非GAAP净收入


$ 6,661


$ 12,882


$ 7,775

非GAAPfully weighted basic shares


26,639


26,503


25,701

非GAAP完全加权的稀释股


28,636


28,939


26,356

非GAAP净收入每非GAAP基本份额


$ 0.25


$ 0.49


$ 0.30

非GAAP净收入per Non-GAAP diluted share


$ 0.23


$ 0.45


$ 0.29

Investor Inquiries:
Peter Schuman,IRC
Sr. Director Investor & Industry Analyst Relations
188宝金博怎么下载
+1(847)264-2188
peter.schuman@cambiumnetworks.com

CisionView original content to download multimedia:https://www.prnewswire.com/news-releases/cambium-networks-reports-reports-third-quarter-2021-financial-results-301416712.html

资源 188宝金博怎么下载

Baidu