Airgain Q2 sales rises

Airgain

06/08/2025 21:15

Overview

Airgain Q2 sales rise 13.4% sequentially,in-line with analyst expectations, per LSEG data

Adjusted EPS for Q2 beats analyst estimates, reflecting improved operational performance

Company expects profitability in H2 2025 and scalable growth in 2026

Outlook

Airgain sees Q3 sales between $13.0 mln and $15.0 mln

Company expects Q3 GAAP gross margin between 41.4% and 44.4%

Airgain anticipates Q3 non-GAAP net income per share of $0.01 at the midpoint

Company projects Q3 adjusted EBITDA of $0.2 mln at midpoint

Result Drivers

ENTERPRISE SALES - Increased shipments of embedded modems and custom IoT products drove enterprise market sales

PRODUCT LAUNCHES - Launch of Go-Kit Pro and NimbeLink Skywire expected to streamline IoT deployments and enhance connectivity solutions

CERTIFICATION ACHIEVEMENT - AC-Fleet received FirstNet Trusted certification, validating compliance with public safety standards

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Meet
$13.62 mln
$13.50 mln (3 Analysts)
Q2 Adjusted EPS
Beat
-$0.04
-$0.06 (3 Analysts)
Q2 Net Income
-$1.48 mln
Q2 Gross Profit
$5.84 mln
Q2 Income From Operations
-$2 mln
Q2 Operating Expenses
$7.84 mln
Q2 Pretax Profit
-$1.46 mln


Analyst Coverage

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 average consensus recommendation for the communications & networking peer group is "buy"

Wall Street's median 12-month price target for Airgain Inc is $7.00, about 35.4% above its August 5 closing price of $4.52

The stock recently traded at 68 times the next 12-month earnings vs. a P/E of 39 three months ago

Press Release: ID:nBw5PsYmKa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)