Airgain, Inc. Provides Earnings Guidance for the Third Quarter of 2023
August 10, 2023 at 09:05 pm
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Airgain, Inc. provided earnings guidance for the third quarter of 2023. For the quarter, Sales are expected to be in the range of $13.25 million to $14.75 million, or $14.00 million at the midpoint. GAAP net loss per share is expected to be ($0.18) at the midpoint.
Airgain, Inc. is a provider of wireless connectivity solutions, offering a range of embedded components, external antennas, and integrated systems worldwide. The Companyâs enterprise products include embedded cellular modems, antennas for access points and Internet of Things applications, and asset trackers. Its consumer products include embedded antennas for consumer access points, wireless gateways, smart home devices and fixed wireless access devices. The Companyâs automotive products include aftermarket antennas that are typically connected to third-party cellular and Wi-Fi-enabled routers, digital video evidence devices, and telematics gateways. It has launched a second generation AirgainConnect Fleet system solution, which is a roof-mounted 5G vehicle gateway, combining a cellular modem, antennas, and additional features into a single device. Its NimbeLink embedded modems serves enterprise sectors requiring cellular connectivity such as packaging, logistics, and smart cities.