Brief: Cambium Networks Q1 Revenue USD 42.3 Million Vs. IBES Estimate USD 45.4 Million

Cambium Networks

09/05/2024 21:01

May 09 (Reuters) - Cambium Networks Q1 adjusted net income USD -12.7 million
vs. IBES estimate USD -6.69 million.
* Q1 adjusted operating income USD -16.7 million vs. IBES estimate USD -6.88
million
* Q1 adjusted EBITDA USD -15.5 million vs. IBES estimate USD -5.4 million
* Q1 net income USD -26.4 million
* Q1 adjusted gross margin 22.7%
* outlook Q2 revenue USD 43-48 million
* outlook Q2 adjusted gross margin 40-42%
* outlook Q2 net income USD -13.2 to -11.3 million
* outlook Q2 adjusted net income USD -6.9 to -5.4 million