Cambium networks reports first quarter 2024 financial results

Revenues of $42.3 million, increased 5% sequentially, and decreased 45% year-over-year gross margin of 20.5%, non-gaap(1) gross margin of 22.7% operating loss of $21.0 million, non-gaap(1) operating loss of $16.7 million net loss of $26.4 million or a loss of $0.95 per diluted share, non-gaap(1) net loss of $12.7 million or a loss of $0.46 per diluted share adjusted ebitda(1) loss of $15.5 million or (36.7)% of revenues hoffman estates, ill. , may 9, 2024 /prnewswire/ -- cambium networks corporation ("cambium networks") (nasdaq: cmbm), a leading provider of wireless networking infrastructure solutions, today announced financial results for the first quarter 2024 ended march 31, 2024.
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