Cambium networks corporation announces unaudited consolidated earnings results for the third quarter ended september 30, 2019; provides earnings guidance for the fourth quarter ending december 31, 2019

Cambium networks corporation announced unaudited consolidated earnings results for the third quarter ended september 30, 2019. for the quarter, the revenues of $65,703,000 compared to $58,981,000 a year ago. operating income was $4,129,000 compared to loss of $1,071,000 a year ago. net income was $1,960,000 or $0.08 per basic share compared to loss of $2,555,000 or $0.19 per basic share a year ago.the company provided earnings guidance for the fourth quarter ending december 31, 2019. for the quarter, the company expects gaap revenues between $63.0 million to $66.0 million; gaap operating income between $1.2 million to $2.4 million; and gaap net loss between $1.0 million to $0.0 million or between $0.04 and $0.00 per diluted share.
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