Cambium Networks Corporation provided earnings guidance for the second quarter ending June 30, 2024 and full year of 2024. For the quarter, the company expects revenues between $43.0-$48.0 million. GAAP operating loss between $9.6-$11.4 million. GAAP net loss between $11.3-$13.2 million or a net loss between $0.40 and $0.47 per diluted share.

For the full year, the company expects revenues between $205.0-$225.0 million, a decrease of approximately 7% to up 2%. GAAP net loss between $34.2-$42.8 million or a net loss between $1.22 and $1.53 per diluted share.