Airgain Inc reports results for the quarter ended in December - Earnings Summary

Airgain

09/03/2023 22:02

* Airgain Inc  AIRG.OQ  reported a quarterly adjusted loss
of 11
cents​​ per share for the quarter ended in December. The mean
expectation of five analysts for the quarter was for earnings of
6 cents per share.
    * Revenue rose 40.6% to $19.89 million from a year ago;
analysts
expected $20.46 million. 
    * Airgain Inc's reported EPS for the quarter was a loss
of 31
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Airgain Inc shares had risen by 10.1% this quarter.
    * The company reported a quarterly loss of $3.22 million.
    * Wall Street's median 12-month price target for Airgain Inc
is
$13.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 9 at 10:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.06           -0.11          Missed
 Sep. 30 2022      0.00           0.06           Beat
 Jun. 30 2022      0.01           0.03           Beat
 Mar. 31 2022      -0.11          -0.04          Beat