Airgain (NASDAQ:AIRG) Announces Quarterly Earnings Results

Airgain (NASDAQ:AIRG) issued its quarterly earnings data on Thursday. The technology company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.14), Zacks reports. Airgain had a negative net margin of 21.96% and a negative return on equity of 29.90%. The firm had revenue of $15.08 million during the quarter, compared to analyst estimates of $16.35 million. Airgain updated its Q1 2025 guidance to -0.110–0.090 EPS.

Airgain Price Performance

Airgain stock opened at $5.80 on Friday. The company has a market cap of $65.80 million, a PE ratio of -5.09 and a beta of 0.71. Airgain has a 12 month low of $3.72 and a 12 month high of $10.34. The company has a fifty day moving average price of $7.01 and a two-hundred day moving average price of $7.90.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Craig Hallum decreased their price objective on shares of Airgain from $12.00 to $9.00 and set a “buy” rating for the company in a report on Friday. Northland Securities reaffirmed an “outperform” rating and issued a $11.50 price objective (up previously from $8.00) on shares of Airgain in a report on Wednesday, November 13th.

About Airgain

Airgain, Inc provides wireless connectivity solutions that creates and delivers embedded components, external antennas, and integrated systems worldwide. The company's products include MaxBeam embedded antennas; profile embedded antennas; profile contour embedded antennas; profile ceramic embedded antenna; ultra embedded antennas; and SmartMax embedded antennas.