Cambium networks reports second quarter 2024 financial results

Revenues of $45.9 million increased 9% sequentially gross margin of 31.4%, non-gaap( 1) gross margin of 33.5% operating loss of $12.1 million, non-gaap( 1) operating loss of $7.9 million net loss of $9.1 million or a loss of $0.33 per diluted share, non-gaap( 1) net loss of $7.1 million or a loss of $0.25 per diluted share net cash provided by operating activities of $2.4 million; $42.6 million cash on the balance sheet adjusted ebitda( 1) loss of $6.7 million or (14.5)% of revenues, an improvement of 57% sequentially hoffman estates, ill. , aug. 8, 2024 /prnewswire/ -- cambium networks corporation ("cambium networks") (nasdaq: cmbm), a leading provider of wireless and wired networking infrastructure solutions, today announced financial results for the second quarter 2024 ended june 30, 2024.
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