Airgain Q2 Adj $(0.01) Down From $0.03 YoY, Sales $15.83M Miss $16.54M Estimate
Portfolio Pulse from Benzinga Newsdesk
Airgain (NASDAQ:AIRG) reported Q2 losses of $(0.01) per share, a 133.33% decrease YoY. The company's quarterly sales were $15.83 million, missing the analyst consensus estimate of $16.54 million by 4.29%, and marking a 17.92% decrease YoY.
August 10, 2023 | 8:53 pm
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Airgain reported a YoY decrease in Q2 earnings and sales, missing analyst estimates.
Airgain's Q2 results show a significant YoY decrease in both earnings and sales, and also missed analyst estimates. This negative financial performance is likely to negatively impact the company's stock price in the short term.
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