Airgain (AIRG) Misses Q1 EPS by 2c

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AirgainĀ® Reports First Quarter 2023 Financial Results

May 11, 2023 4:28 PM EDT

SAN DIEGO--(BUSINESS WIRE)-- Airgain, Inc. (Nasdaq: AIRG), a leading provider of wireless connectivity solutions that creates and delivers embedded components, external antennas, and integrated systems across the globe, today reported financial results for the first quarter ended March 31, 2023.

We are pleased with our execution in the first quarter in the face of difficult macroeconomic conditions, said Airgains President and Chief Executive Officer, Jacob Suen. We delivered quarterly sales of $16.4 million, and we announced several new products this past quarter. Our priorities are to deliver on our long-term strategy while achieving adjusted EBITDA... More