Airgain Sees Q3 Adj. EPS Midpoint $(0.02) vs $0.02 Est., Sales $13.25M-$14.75M vs $17.54M Est.
Portfolio Pulse from Benzinga Newsdesk
Airgain has projected its Q3 adjusted EPS to be around $(0.02), which is lower than the estimated $0.02. The company also expects its sales to be between $13.25M and $14.75M, which is less than the estimated $17.54M.
August 10, 2023 | 9:11 pm
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NEGATIVE IMPACT
Airgain's lower than expected Q3 adjusted EPS and sales projections could negatively impact its stock price in the short term.
Airgain's projected Q3 adjusted EPS and sales are lower than the estimates. This could lead to a negative sentiment among investors, potentially causing a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100