Airgain Expects Q3 Sales Of $15.25M - $16.75M (Est $16.2M), Adj Net Loss Per Share Of $(0.01) At The Midpoint (Est $(0.04))
Portfolio Pulse from Benzinga Newsdesk
Airgain expects Q3 sales to be between $15.25M and $16.75M, with an estimated midpoint of $16.2M. The company also anticipates an adjusted net loss per share of $(0.01) at the midpoint, better than the estimated $(0.04).
August 06, 2024 | 10:09 pm
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Airgain's Q3 sales forecast is between $15.25M and $16.75M, aligning with the estimated $16.2M. The adjusted net loss per share is expected to be $(0.01) at the midpoint, better than the estimated $(0.04).
The sales forecast aligns with estimates, and the adjusted net loss per share is better than expected, which is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100