Cambium Networks(CMBM) - 2024 Q3 - Quarterly Results

Exhibit 99.1 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 ...