Airgain Inc reports results for the quarter ended December 31 - Earnings Summary

• Airgain Inc AIRG.OQ reported quarterly breakeven results​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -33 cents. The mean expectation of three analysts for the quarter was for earnings of 2 cents per share. Wall Street expected results to range from 2 cents to 3 cents per share.

• Revenue rose 49.8% to $15.08 million from a year ago; analysts expected $16.63 million.

• Airgain Inc's reported EPS for the quarter was a loss of 17 cents​.

• The company reported a quarterly loss of $1.96 million.

• Airgain Inc shares had fallen by 6.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• 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 also "buy"

Wall Street's median 12-month price target for Airgain Inc is $11.50

This summary was machine generated from LSEG data February 28 at 01:09 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)