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Stock impact report

Airgain® Reports Third Quarter 2024 Financial Results [Yahoo! Finance]

Airgain, Inc. (AIRG) 
Last airgain, inc. earnings: 2/20 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
delivers embedded components, external antennas, and integrated systems across the globe, today reported financial results for the third quarter ended September 30, 2024. "We achieved solid sequential revenue growth this quarter, even as we navigate a challenging macroeconomic environment," said Jacob Suen, president and CEO of Airgain. "With third-quarter sales reaching $16.1 million, we saw a 6.0% increase from the previous quarter and a 17.6% increase year-over-year. We also successfully launched our next-generation AirgainConnect ® Fleet vehicle gateway, marking a significant advancement in our product portfolio. Looking ahead, our priorities remain clear: reinforcing our leadership position in our established business, accelerating design wins for AirgainConnect Fleet, and advancing our Lighthouse customer trials to drive sustainable, long-term growth." Third Quarter 2024 Financial Highlights GAAP Sales of $16.1 million GAAP gross margin of 41.7% GAAP operating expens Show less Read more
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