Airgain Inc (AIRG) Releases Earnings Results, Beats Expectations By $0.16 EPS

Airgain Inc (NASDAQ:AIRG) issued its quarterly earnings results on Tuesday. The company reported $0.15 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.01) by $0.16. The business had revenue of $9.86 million for the quarter. The firm’s quarterly revenue was up 62.7% on a year-over-year basis.

Airgain (NASDAQ:AIRG) opened at 16.05 on Thursday. Airgain has a one year low of $9.76 and a one year high of $16.91. The stock’s market capitalization is $116.15 million. The company’s 50 day moving average price is $12.80 and its 200-day moving average price is $12.80.

A number of brokerages have recently issued reports on AIRG. Wunderlich began coverage on Airgain in a research report on Tuesday, September 6th. They set a “buy” rating and a $14.00 price target for the company. Northland Securities started coverage on Airgain in a report on Tuesday, September 6th. They set an “outperform” rating and a $15.00 price objective on the stock.

Airgain Company Profile

Airgain, Inc is a provider of embedded antenna technologies used to enable high performance wireless networking. The Company’s operations are located primarily in the United States, and most of its assets are located in San Diego, California. It operates through a segment related to the sale of antenna products.

5 Day Chart for NASDAQ:AIRG

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