Overview
Wireless connectivity provider's Q4 revenue fell, missing analyst expectations
Company's Q4 net loss widened compared to previous quarter
Outlook
Airgain expects Q1 2026 sales between $10.5 mln and $12.5 mln
Company anticipates Q1 2026 GAAP gross margin of 42.3% to 45.3%
Result Drivers
REVENUE DECLINE - Q4 revenue decreased due to lower sales in enterprise and automotive markets, offset by increased consumer sales
Company press release: ID:nBw9rNzCTa
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Miss
$12.13 mln
$12.70 mln (3 Analysts)
Q4 Net Income
-$2.44 mln
Q4 Gross Profit
$5.44 mln
Q4 Income From Operations
-$2.42 mln
Q4 Operating Expenses
$7.86 mln
Q4 Pretax Profit
-$2.42 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "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 $6.50, about 37.6% above its February 25 closing price of $4.73
The stock recently traded at 135 times the next 12-month earnings vs. a P/E of 25 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(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.)