The IPO of Cambium Networks (CMBM) has been anything but a success. The provider of wireless broadband networking infrastructure solutions has seen very low demand for the shares despite solid revenue growth and a red hot IPO market, as investors probably do not see any differentiating factors in this company, while the business is posting just very modest margins and operates with quite some debt, even after accounting for the IPO proceeds.
The Business
Cambium provides wireless broadband networking infrastructure solutions for a range of customers, including network operators, internet service providers, and