Revenues of $43.7 million decreased 5% sequentiallyGross margin of 39.9% and non-GAAP(1) gross margin of 42.3%, both higher sequentiallyOperating loss of $8.1 million, non-GAAP(1) operating loss of $3.6 millionNet 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 shareNet cash provided by operating activities of $8.9 million; $46.5 million cash on the balance sheetAdjusted EBITDA(1) loss of $2.3 million or (5.3)% of revenues, an improvement of 65% sequentially

HOFFMAN ESTATES, Ill., Oct. 28, 2024 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless networking infrastructure solutions, today announced that it plans to report financial results for the third quarter 2024 ended September 30, 2024, on Thursday, November 7, 2024.

Conference Call and Webcast

Cambium Networks will host a live webcast and conference call to discuss its financial results and Q&A at 4:30 p.m. EDT, on Thursday, November 7, 2024, with Morgan Kurk, President and CEO, and Jacob Sayer, CFO.

Collaboration Aims to Increase Access to Affordable High-Speed Broadband in Underserved Communities Benefitting Over 440,000 Households

HOFFMAN ESTATES, Ill., Aug. 29, 2024 /PRNewswire/ -- Cambium Networks (NASDAQ: CMBM), a leading global provider of wireless and wired networking solutions, today announced a strategic collaboration with QUILT, a 501(c)(3) nonprofit organization, NODE Networks, TMA Technology Solutions, and ComEd to enhance digital equity in underserved communities across Chicago as part of QUILT's Broadband Access for Brighter Futures Program. The program will deploy a 401-mile fiber network across Cook County and the South Side and West Side of Chicago, incorporating 30 strategic interconnection points and additional fiber capacity construction.

Revenues of $45.9 million increased 9% sequentiallyGross 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 millionNet 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 shareNet cash provided by operating activities of $2.4 million; $42.6 million cash on the balance sheetAdjusted EBITDA(1) loss of $6.7 million or (14.5)% of revenues, an improvement of 57% sequentially