Airgain (AIRG) Set to Announce Earnings on Tuesday

Airgain (NASDAQ:AIRG) is set to post its quarterly earnings results after the market closes on Tuesday, November 12th. Analysts expect Airgain to post earnings of ($0.02) per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Airgain (NASDAQ:AIRG) last released its earnings results on Tuesday, August 6th. The technology company reported ($0.16) EPS for the quarter, hitting the consensus estimate of ($0.16). Airgain had a negative return on equity of 29.18% and a negative net margin of 23.19%. The business had revenue of $15.18 million for the quarter, compared to the consensus estimate of $15.00 million. On average, analysts expect Airgain to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Airgain Trading Down 0.4 %

Airgain stock opened at $9.20 on Tuesday. The business’s fifty day simple moving average is $8.27 and its two-hundred day simple moving average is $6.88. Airgain has a 12 month low of $1.63 and a 12 month high of $9.75. The company has a market capitalization of $103.96 million, a price-to-earnings ratio of -7.93 and a beta of 0.69.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Northland Securities boosted their target price on Airgain from $7.00 to $8.00 and gave the stock an “outperform” rating in a report on Wednesday, August 7th. Craig Hallum boosted their target price on Airgain from $5.00 to $8.00 and gave the stock a “buy” rating in a report on Wednesday, August 7th.

Airgain Company Profile

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.