Airgain (NASDAQ:AIRG - Get Free Report) is set to issue its quarterly earnings data after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of ($0.08) per share for the quarter. Airgain has set its Q1 2024 guidance at -0.060--0.060 EPS.Parties interested in registering for the company's conference call can do so using this link.
Airgain (NASDAQ:AIRG - Get Free Report) last issued its quarterly earnings results on Wednesday, March 6th. The technology company reported ($0.44) EPS for the quarter, missing analysts' consensus estimates of ($0.29) by ($0.15). The firm had revenue of $10.07 million for the quarter, compared to the consensus estimate of $10.00 million. Airgain had a negative net margin of 22.18% and a negative return on equity of 24.77%. On average, analysts expect Airgain to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Airgain Stock Down 0.8 %
AIRG traded down $0.04 during trading on Wednesday, reaching $5.20. 7,994 shares of the stock traded hands, compared to its average volume of 20,295. The stock has a market capitalization of $56.00 million, a PE ratio of -4.37 and a beta of 0.85. The stock's 50-day moving average is $5.10 and its 200 day moving average is $3.98. Airgain has a 12 month low of $1.63 and a 12 month high of $6.37.
Wall Street Analyst Weigh In
Separately, StockNews.com began coverage on shares of Airgain in a research report on Tuesday. They set a "hold" rating on the stock.
Check Out Our Latest Analysis on Airgain
Insider Activity at Airgain
In related news, CTO Ali Sadri sold 5,379 shares of the firm's stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $5.10, for a total value of $27,432.90. Following the transaction, the chief technology officer now owns 96,958 shares of the company's stock, valued at approximately $494,485.80. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Airgain news, CTO Ali Sadri sold 5,379 shares of the stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $5.10, for a total value of $27,432.90. Following the completion of the sale, the chief technology officer now owns 96,958 shares in the company, valued at approximately $494,485.80. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Jacob Suen sold 10,639 shares of the stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $5.10, for a total transaction of $54,258.90. Following the completion of the sale, the chief executive officer now owns 236,275 shares of the company's stock, valued at approximately $1,205,002.50. The disclosure for this sale can be found here. In the last quarter, insiders have sold 23,814 shares of company stock valued at $122,510. 15.30% of the stock is owned by corporate insiders.
About Airgain
(
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Airgain, Inc provides wireless connectivity solutions that creates and delivers embedded components, external antennas, and integrated systems worldwide. The company's products include MaxBeam embedded antennas; profile embedded antennas; profile contour embedded antennas; profile ceramic embedded antenna; ultra embedded antennas; and SmartMax embedded antennas.
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