Airgain, Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal Year 2021
November 09, 2021 at 04:12 pm EST
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Airgain, Inc. provided earnings guidance for the fourth quarter of fiscal year 2021. For the quarter, the company expects sales are expected to be in the range of $13.5 million to $14.5 million. GAAP net loss per share is expected to be $0.44 at midpoint. GAAP net loss is expected to be $4.48 million.
Airgain, Inc. is a provider of wireless connectivity solutions, offering a range of embedded components, external antennas, and integrated systems worldwide. The Companyâs enterprise products include embedded cellular modems, antennas for access points and Internet of Things applications, and asset trackers. Its consumer products include embedded antennas for consumer access points, wireless gateways, smart home devices and fixed wireless access devices. The Companyâs automotive products include aftermarket antennas that are typically connected to third-party cellular and Wi-Fi-enabled routers, digital video evidence devices, and telematics gateways. It has launched a second generation AirgainConnect Fleet system solution, which is a roof-mounted 5G vehicle gateway, combining a cellular modem, antennas, and additional features into a single device. Its NimbeLink embedded modems serves enterprise sectors requiring cellular connectivity such as packaging, logistics, and smart cities.