Cambium networks reports fourth quarter and full year 2023 financial results

Revenues of $40.2 million, decreased 7% sequentially, and decreased 52% year-over-year gross margin of (21.7)%, non-gaap(1) gross margin of (19.4)% operating loss of $39.3 million, non-gaap(1) operating loss of $34.1 million net loss of $39.0 million or a loss of $1.41 per diluted share, non-gaap(1) net loss of $26.4 million or a loss of $0.95 per diluted share adjusted ebitda(1) loss of $32.9 million or (81.8)% of revenues rolling meadows, ill., feb. 15, 2024 /prnewswire/ -- cambium networks corporation ("cambium networks") (nasdaq: cmbm), a leading provider of wireless networking infrastructure solutions, today announced financial results for the fourth quarter and full year ended december 31, 2023.
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