Airgain: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Airgain (NASDAQ:AIRG) reported Q4 earnings with an EPS of $-0.33, missing estimates by -65.0% and showing a revenue decrease of $9.82 million from the previous year. The company's past earnings performance shows a pattern of missed EPS estimates leading to significant share price drops.
March 06, 2024 | 9:45 pm
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Airgain reported a significant miss in Q4 earnings with an EPS of $-0.33, underperforming estimates by -65.0%, and a notable year-over-year revenue decline.
Given Airgain's history of stock price drops following earnings misses, the significant underperformance in both EPS and revenue is likely to negatively impact the stock price in the short term. The pattern of missed EPS estimates and subsequent share price declines suggests a high relevance and importance of this earnings report to investors.
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