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Stock impact report

Airgain® Reports First Quarter 2024 Financial Results [Yahoo! Finance]

Airgain, Inc. (AIRG) 
Last airgain, inc. earnings: 2/20 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
embedded components, external antennas, and integrated systems across the globe, today reported financial results for the first quarter ended March 31, 2024. "We are pleased to report strong sequential revenue growth as we continue to effectively navigate a challenging macro-economic environment," said Airgain's President and Chief Executive Officer, Jacob Suen. "We delivered sales of $14.2 million in the first quarter, driven by sequential and year-over-year revenue growth in our enterprise market. As we look to the rest of 2024, we remain focused on the launch of our 5-G connectivity initiatives and are confident that we can build on this momentum to continue executing on our strategy." First Quarter 2024 Financial Highlights GAAP Sales of $14.2 million GAAP gross margin of 39.2% GAAP operating expenses of $8.2 million GAAP net loss of $2.5 million or $(0.23) per share Non-GAAP Non-GAAP gross margin of 40.2% Non-GAAP operating expenses of $6.6 million Non-GAAP Show less Read more
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