Airgain (AIRG) Tops Q3 EPS by 17c
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Airgain Reports Third Quarter and Nine Month 2016 Results
November 10, 2016 4:05 PM ESTSAN DIEGO, CA -- (Marketwired) -- 11/10/16 -- Airgain, Inc. (NASDAQ: AIRG), a leading provider of embedded antenna technologies used to enable high performance wireless networking, today reported results for the third quarter ended September 30, 2016.
Third Quarter 2016 Financial Results
Sales increased 87% to $12.4 million from $6.7 million in the same year-ago period. The increase was primarily driven by an increase in product sales.
Gross profit increased 101% to $5.6 million (44.8% of sales) from $2.8 million (41.6% of sales) in the same year-ago period. The increase in gross profit as a percentage of... More
