Overview
Airgain Q3 sales slightly miss analyst expectations at $14.0 mln
Adjusted EPS for Q3 at $0.01, indicating operational improvements
Company achieved key certifications for AC-Fleet and Lighthouse, supporting future growth
Outlook
Airgain expects Q4 2025 sales between $12 mln and $14 mln
Company anticipates Q4 2025 GAAP gross margin between 41.3% and 44.3%
Airgain projects Q4 2025 adjusted EBITDA of $0.1 mln at midpoint
Result Drivers
CONSUMER SALES - Increase in WiFi 7 antenna shipments drove $1.0 mln rise in consumer sales
CERTIFICATIONS ACHIEVED - Key certifications for AC-Fleet and Lighthouse platforms position co for future scalability
GROSS MARGIN IMPROVEMENT - Improved enterprise product margins boosted gross margin to 43.6%
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Sales | Slight Miss* | $14.02 mln | $14.10 mln (3 Analysts) |
Q3 Adjusted EPS | $0.01 | ||
Q3 Net Income | -$964,000 | ||
Q3 Gross Profit | $6.11 mln | ||
Q3 Income From Operations | -$967,000 | ||
Q3 Operating Expenses | $7.08 mln | ||
Q3 Pretax Profit | -$954,000 |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the communications & networking peer group is "buy"
Wall Street's median 12-month price target for Airgain Inc is $7.50, about 46.9% above its November 11 closing price of $3.99
The stock recently traded at 29 times the next 12-month earnings vs. a P/E of 59 three months ago
Press Release: ID:nBw9NmrT8a
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)