Airgain (AIRG) Tops Q1 EPS by 5c

Airgain (NASDAQ: AIRG) reported Q1 EPS of ($0.05), $0.05 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $11.2 million versus the consensus estimate of $11 million.

“I am pleased that we were able to deliver on our previous financial guidance given the dynamic environment we are operating in,” said Airgain’s Chief Executive Officer and President, Jacob Suen. “More importantly, the launch of AirgainConnect™ serves not only as a critical pivot-point in our company towards our transition to a more diverse solutions capability, delivering higher levels of integration, but also as an example of how our team can make significant innovations in the face of a rapidly evolving market.”

GUIDANCE:

Airgain sees Q2 2020 revenue of $10.5-12 million.

For earnings history and earnings-related data on Airgain (AIRG) click here.

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