Airgain (AIRG) Misses Q3 EPS by 6c
Airgain (NASDAQ: AIRG) reported Q3 EPS of ($0.11), $0.06 worse than the analyst estimate of ($0.05). Revenue for the quarter came in at $15.5 million versus the consensus estimate of $16.2 million.
Fourth Quarter 2021 Financial Outlook:
- Sales are expected to be in the range of $13.5 million to $14.5 million
- GAAP gross margin is expected to be in the range of 32.5% to 34.5%
- Non-GAAP gross margin is expected to be in the range of 33% to 35%
- GAAP operating expense is expected to be $9.1 million, plus or minus $0.1 million
- Non-GAAP operating expense is expected to be $7.0 million, plus or minus $0.1 million
- GAAP net loss per share is expected to be $0.44 at midpoint
- Non-GAAP net loss per share is expected to be $0.22 at midpoint
- Adjusted EBITDA is expected to be $(2.1) million at midpoint
For earnings history and earnings-related data on Airgain (AIRG) click here.
