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

Airgain

11/08/2022 22:03

* Airgain Inc  AIRG.OQ  reported quarterly adjusted earnings
of 3
cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
one cent per share.
    * Revenue rose 11.5% to $19.29 million from a year ago;
analysts
expected $19.26 million. 
    * Airgain Inc's reported EPS for the quarter was a loss
of 16
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 fallen by 3.0% this quarter and
lost 25.9% so far this year.
    * The company reported a quarterly loss of $1.62 million.
    * Wall Street's median 12-month price target for Airgain Inc
is
$16.00 
    * 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 Refinitiv data August 11
at 09:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.01           0.03           Beat
 Mar. 31 2022      -0.11          -0.04          Beat
 Dec. 31 2021      -0.22          -0.23          Missed
 Sep. 30 2021      -0.05          -0.11          Missed