Airgain Expects Q1 Sales Of $13.3M-$14.7M, Est $11.933M; Adj EPS Loss Of $(0.06) At Midpoint, Est $(0.14)
Portfolio Pulse from Benzinga Newsdesk
Airgain anticipates Q1 sales to be between $13.3M-$14.7M, surpassing the estimated $11.933M. The company also expects an adjusted EPS loss of $(0.06) at the midpoint, which is better than the estimated loss of $(0.14).
March 06, 2024 | 10:51 pm
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Airgain expects Q1 sales to outperform estimates with a narrower adjusted EPS loss than anticipated.
Airgain's anticipated Q1 sales exceed analyst estimates, indicating stronger revenue performance. The expected narrower loss in adjusted EPS than estimated suggests improved profitability or cost management, likely leading to a positive short-term impact on AIRG's stock price.
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