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AIRG — Airgain News Story

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Airgain Inc expected to post a loss of 10 cents a share - Earnings Preview

Airgain Inc AIRG.OQ AIRG.O is expected to show a fall in quarterly revenue when it reports  results on May 7 for the period ending March 31 2025

The San Diego California-based  company is expected to report a 15.2% decrease in revenue to $12.067 million from $14.23 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on February 27 2025, for the period ended March 31, was for revenue between $11.00 million and $13.00 million.

​LSEG's mean analyst estimate for Airgain Inc is for a loss of 10 cents per share. The company's EPS guidance on February 27 2025, for the period ended March 31, was about USD-0.1

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for Airgain Inc is $9.00​, above​ its last closing price of $4.19. ​​​

The company's guidance on February 27 2025 for the period ended March 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of of USD-1.1 million.The company's guidance on February 27 2025 for the period ended March 31 was for gross profit margin between USD42% and USD45%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDINGSTARMINESMARTESTIMATE®LSEG IBES ESTIMATEACTUALBEAT, MET, MISSEDSURPRISE %
Dec. 31 20240.030.020.00Missed-100
Sep. 30 2024-0.01-0.010.00Beat100
Jun. 30 2024-0.07-0.06-0.05Beat23.1​
Mar. 31 2024-0.08-0.07-0.08Missed-6.7
​​Dec. 31 2023-0.20-0.20-0.33Missed-65
Sep. 30 2023-0.02-0.02-0.06Missed-166.7​
Jun. 30 20230.000.00-0.01Missed-185.7
Mar. 31 2023-0.06-0.06-0.08Missed-31.7
This summary was machine generated May 5 at 22:56 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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