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Stock impact report

Airgain Inc (AIRG) Q3 2024 Earnings Call Highlights: Strong Revenue Growth Amidst Market Challenges [Yahoo! Finance]

Airgain, Inc. (AIRG) 
Last airgain, inc. earnings: 2/20 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Airgain Inc ( NASDAQ:AIRG ) achieved strong sequential revenue growth with sales of $16.1 million, a 6% increase over the second quarter. The company reported robust sales in consumer embedded antennas and successfully launched the Airgain Connect Fleet for automotive applications. Airgain Inc ( NASDAQ:AIRG ) achieved certification from major operators including T-Mobile and AT&T, opening broader commercialization opportunities. The consumer market delivered exceptional growth, marking the best performance since Q3 of 2022, with significant ramp-up in Wi-Fi 7 router antenna shipments. Airgain Inc ( NASDAQ:AIRG ) is expanding its addressable market with strategic entry into high-growth sectors like vehicle gateways and smart network control repeaters, projecting substantial market growth by 2028. The enterprise market saw a larger than anticipated decline in Q3, with sales decreasing by $1.9 million due to lower sales of embedded modems and custom products. Inventory chall Show less Read more
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