Cambium Networks(CMBM) - 2024 Q2 - Quarterly Results

Exhibit 99.1 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 • Adj ...