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

Airgain

10/11/2022 22:51

* Airgain Inc  AIRG.OQ  reported quarterly adjusted earnings
of 6
cents​​ per share for the quarter ended in September. The mean
expectation of five analysts for the quarter was for breakeven
results per share.
    * Revenue rose 24.2% to $19.20 million from a year ago;
analysts
expected $18.82 million. 
    * Airgain Inc's reported EPS for the quarter was a loss
of 13
cents​.
    * The mean earnings estimate of analysts had fallen by
about 95.5%
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 2.1% this quarter and
lost 33.6% so far this year.
    * The company reported a quarterly loss of $1.3 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 November
10 at 10:50 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      -0.22          -0.23          Missed