Cambium

Winners of the Lexia LETRS Science of Reading Grant Contest Announced

Retrieved on: 
Wednesday, February 21, 2024

Lexia , a Cambium Learning Group brand , has selected the 118 winners of its inaugural Lexia LETRS Science of Reading Grant Contest.

Key Points: 
  • Lexia , a Cambium Learning Group brand , has selected the 118 winners of its inaugural Lexia LETRS Science of Reading Grant Contest.
  • Each will receive a grant providing them with no-cost access to the award-winning LETRS (Language Essentials for Teachers of Reading and Spelling) professional learning program.
  • To enter the grant contest, applicants created short videos (60 seconds or less) explaining how LETRS would help transform their teaching.
  • We look forward to holding this contest again next year.”
    For a list of the contest winners, click here .

Cambium Networks Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, February 15, 2024

GAAP gross margin for the fourth quarter 2023 was (21.7)%, compared to 49.0% for the fourth quarter 2022, and 25.5% for the third quarter 2023.

Key Points: 
  • GAAP gross margin for the fourth quarter 2023 was (21.7)%, compared to 49.0% for the fourth quarter 2022, and 25.5% for the third quarter 2023.
  • GAAP operating loss for the fourth quarter 2023 was $39.3 million, compared to operating income of $9.5 million for the fourth quarter 2022, and operating loss of $22.1 million for the third quarter 2023.
  • GAAP net loss for the fourth quarter 2023 was $39.0 million, or net loss of $1.41 per diluted share, compared to net income of $10.0 million, or net earnings of $0.35 per diluted share for the fourth quarter 2022, and net loss of $26.2 million, or net loss of $0.95 per diluted share for the third quarter 2023.
  • Non-GAAP operating loss for the fourth quarter 2023 was $34.1 million, compared to non-GAAP operating income of $13.2 million for the fourth quarter 2022, and a non-GAAP operating loss of $15.5 million for the third quarter 2023.

Learning A-Z Achieves ISO 27001 Certification, Reflects Gold Standard for Information Security

Retrieved on: 
Monday, February 12, 2024

Learning A-Z ®, a Cambium Learning Group brand, has earned ISO/IEC 27001:2013 certification for its Information Security Management System (ISMS).

Key Points: 
  • Learning A-Z ®, a Cambium Learning Group brand, has earned ISO/IEC 27001:2013 certification for its Information Security Management System (ISMS).
  • Achieving this certification underscores Learning A-Z’s steadfast commitment to upholding rigorous IT protocols while protecting its clients’ and partners’ private information.
  • ISO/IEC 27001:2013 is an information security management system standard published in October 2013 by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC).
  • With threats to schools growing more sophisticated, upholding that trust by consistently investing in security is imperative,” said Aaron Ingold, interim president of Learning A-Z.

Learning A-Z Wins Supes' Choice Award for Raz-Plus Español®

Retrieved on: 
Tuesday, January 30, 2024

Learning A-Z , a Cambium Learning Group brand, announced that Raz-Plus Español® has won a 2023 Supes' Choice Award from the Institute for Education Innovation (IEI) in the Equity Champion category.

Key Points: 
  • Learning A-Z , a Cambium Learning Group brand, announced that Raz-Plus Español® has won a 2023 Supes' Choice Award from the Institute for Education Innovation (IEI) in the Equity Champion category.
  • The Supes' Choice Awards — the only industry awards judged exclusively by school district superintendents — recognize innovative products that help districts achieve excellence in education.
  • This recognition is the second Supes’ Choice Award Learning A-Z has won .
  • To learn more about Raz-Plus Español and Learning A-Z's full suite of solutions, please visit www.learninga-z.com .

Virginia Adds to the Resources for its ALL In Tutoring Reading Initiative to Include Lexia Core5® Reading and Lexia® PowerUp Literacy®

Retrieved on: 
Tuesday, January 23, 2024

The Virginia Department of Education (VDOE) has expanded its ALL in Tutoring reading initiative to include evidence-based resources from Lexia , a Cambium Learning Group brand .

Key Points: 
  • The Virginia Department of Education (VDOE) has expanded its ALL in Tutoring reading initiative to include evidence-based resources from Lexia , a Cambium Learning Group brand .
  • The resources are available for students in grades three through eight who are participating in the ALL In Tutoring Reading Initiative and who are not proficient on the Virginia Standards of Learning.
  • Their participating schools can now access Lexia Core5 Reading (Core5) for grades 3-5 and Lexia PowerUp Literacy (PowerUp) for grades 6-8 as part of their school’s tutoring program in support of students with unfinished literacy learning because of pandemic learning loss.
  • Core5 and PowerUp are science of reading-based adaptive blended learning programs that provide students with personalized learning paths.

Lexia Celebrates 40th Anniversary

Retrieved on: 
Tuesday, January 9, 2024

Lexia , a Cambium Learning Group brand , is celebrating its 40th anniversary as a leader in science of reading-based solutions.

Key Points: 
  • Lexia , a Cambium Learning Group brand , is celebrating its 40th anniversary as a leader in science of reading-based solutions.
  • Lexia was founded by the late Bob Lemire, an investment adviser and land-use consultant whose son had been diagnosed with dyslexia.
  • It was out on the fringes,” said Lexia President, Nick Gaehde who joined the company as its head in 2005.
  • “In terms of technology companies, Lexia is now one of the biggest literacy providers in the market,” said Gaehde.

Learning A-Z Wins Three Tech & Learning Awards of Excellence

Retrieved on: 
Thursday, December 21, 2023

Learning A-Z , a Cambium Learning Group brand, announced today that three solutions, Raz-Plus®, Writing A-Z®, and Foundations A-Z®, have earned the 2023 Tech & Learning Awards of Excellence in the Back to School Primary Education category.

Key Points: 
  • Learning A-Z , a Cambium Learning Group brand, announced today that three solutions, Raz-Plus®, Writing A-Z®, and Foundations A-Z®, have earned the 2023 Tech & Learning Awards of Excellence in the Back to School Primary Education category.
  • Teachers not only need the right tools to provide instruction and reteach difficult areas but to also offer meaningful practice opportunities."
  • Writing A-Z engages students with multi-modal practice opportunities, seamlessly accommodating diverse learning styles and abilities.
  • For more information about Learning A-Z solutions, please visit LearningA-Z.com .

Veteran Ventures Capital Invests in Biomaterials Science Pioneer, Cambium, to Fuel Innovative Defense Technology Advancements

Retrieved on: 
Tuesday, December 5, 2023

Cambium's mission to revolutionize high-performance hardware aligns seamlessly with Veteran Ventures' commitment to supporting advancements that enhance the capabilities of U.S. and Allied Armed Forces.

Key Points: 
  • Cambium's mission to revolutionize high-performance hardware aligns seamlessly with Veteran Ventures' commitment to supporting advancements that enhance the capabilities of U.S. and Allied Armed Forces.
  • Cambium is dedicated to reshaping defense technology by re-engineering products from the ground up, with a focus on dramatically improving manufacturability.
  • "Cambium's commitment to innovation and their focus on enhancing mission performance and survivability align perfectly with our mission at Veteran Ventures Capital," said Derren Burrell, Founder and Managing Partner at Veteran Ventures.
  • Veteran Ventures joins 8VC (lead), GSBackers, Marlinspike, MVP Ventures, Gaingels, Kern Venture Fund, Jackson Moses (Founder, Silent Ventures), Vertical Capital, and select angel investors in this investment round.

Cambium Announces Close of its $19 Million Series A Financing

Retrieved on: 
Tuesday, December 5, 2023

This Series A round enables Cambium to build out staffing and R&D, rapid discovery-to-field demonstrations, and pilot-scale manufacturing.

Key Points: 
  • This Series A round enables Cambium to build out staffing and R&D, rapid discovery-to-field demonstrations, and pilot-scale manufacturing.
  • More broadly, Cambium is supporting the generational shift in the defense industrial base from large, complex, manned platforms to autonomous, networked systems.
  • "Cambium has closely collaborated with multiple arms of the US defense community and commercial innovators to build solutions to meet their ongoing requirements.
  • Cambium is a force multiplier for defense innovation, and we are proud to have supported their mission from the beginning."

Nextlink Drives Gigabit Service Expansion with 6 GHz Fixed Wireless Technology from Cambium Networks

Retrieved on: 
Tuesday, November 14, 2023

ROLLING MEADOWS, Ill., Nov. 14, 2023 /PRNewswire/ -- Cambium Networks (NASDAQ: CMBM), a leading global provider of networking solutions, today announced that Nextlink Internet has placed a significant order to expand its coverage area with its ePMP 6 GHz fixed wireless broadband solution. Nextlink will use ePMP primarily to reach locations in low-density rural areas. In earlier field tests, Nextlink achieved actual throughput of over 1 Gbps download and 500 Mbps upload to subscribers' premises. 

Key Points: 
  • In earlier field tests, Nextlink achieved actual throughput of over 1 Gbps download and 500 Mbps upload to subscribers' premises.
  • "Nextlink is staying ahead of the competition in rural fixed wireless," added Claude Aiken, Chief Strategy Officer, Nextlink.
  • "This investment in Cambium Networks solutions will significantly expand gigabit fixed wireless availability for hundreds of thousands of rural and suburban residents across the American heartland."
  • "The industry is anxiously awaiting the availability of the 6 GHz spectrum," said Morgan Kurk, president and CEO of Cambium Networks.