Airgain, Inc. (NASDAQ:AIRG) is set to announce third quarter earning results on Thursday 5th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, AIRG to report 3Q20 income of $ 0.06 per share.
For the full year, analysts anticipate top line of $ 49.65 million, while looking forward to income of $ 0.10 per share bottom line.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 12.00 million ~ $ 13.50 million
Click Here For More Historical Outlooks Of Airgain, Inc.
Previous Quarter Performance
Airgain, Inc. reported income for the second quarter of $ 0.02 per share, from the revenue of $ 11.45 million. The quarterly earnings fell 83.33 percent while revenues reduced 20.82 percent compared with the same quarter last year.
The consensus estimates are loss of $ 0.08 per share from $ 11.18 million in revenue. The bottom line results beat street analysts by $ 0.1 or 125.00 percent, at the same time, top line results outshined analysts by $ 0.27 million or 2.42 percent.
Stock Performance
Shares of Airgain, Inc. traded low $ -0.08 or -0.60 percent on Wednesday, reaching $ 13.21 with volume of 22.10 thousand shares. Airgain, Inc. has traded high as $ 13.60 and has cracked $ 13.10 on the downward trend
The closing price of $ 13.21, representing a 136.06 % increase from the 52 week low of $ 5.63 and a 11.16 % decrease over the 52 week high of $ 14.96.
The company has a market capital of $ 127.53 million and is part of the Technology sector and Communication Equipment industry.
Conference Call
Airgain, Inc. will be hosting a conference call at 4:30 PM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.airgain.com
Airgain, Inc. designs, develops, and engineers antenna products for original equipment and design manufacturers, chipset vendors, service providers, and value added resellers and distributors worldwide. Its products include MaxBeam embedded antennas; profile embedded antennas; profile contour embedded antennas; ultra-embedded antennas; OmniMax high performance external antennas; MaxBeam carrier class antennas; and SmartMax embedded antennas, as well as automotive, fleet, public safety, and M2M antennas.
