Recap: Airgain Q1 Earnings

Recap: Airgain Q1 Earnings

Airgain AIRG reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Airgain beat estimated earnings by 63.64%, reporting an EPS of $-0.04 versus an estimate of $-0.11.

Revenue was up $145.00 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 17.78% increase in the share price the next day.

Here's a look at Airgain's past performance:

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.22 -0.05 0.04 0.03
EPS Actual -0.23 -0.11 0.05 0.03
Revenue Estimate 13.99M 16.08M 18.31M 17.00M
Revenue Actual 14.14M 15.46M 17.30M 17.38M

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.22 -0.05 0.04 0.03
EPS Actual -0.23 -0.11 0.05 0.03
Revenue Estimate 13.99M 16.08M 18.31M 17.00M
Revenue Actual 14.14M 15.46M 17.30M 17.38M

To track all earnings releases for Airgain visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings