Cambium networks reports third quarter 2024 financial results

Revenues of $43.7 million decreased 5% sequentially gross margin of 39.9% and non-gaap(1) gross margin of 42.3%, both higher sequentially operating loss of $8.1 million, non-gaap(1) operating loss of $3.6 million net loss of $9.7 million or a loss of $0.34 per diluted share; non-gaap(1) net loss of $3.8 million or a loss of $0.14 per diluted share net cash provided by operating activities of $8.9 million; $46.5 million cash on the balance sheet adjusted ebitda(1) loss of $2.3 million or (5.3)% of revenues, an improvement of 65% sequentially hoffman estates, ill. , nov. 7, 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 third quarter 2024 ended september 30, 2024.
CMBM Ratings Summary
CMBM Quant Ranking