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Stock impact report

Airgain® Reports Fourth Quarter and Full Year 2023 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 fourth quarter and full year ended December 31, 2023. "Our team delivered quarterly sales of $10.1 million, closing out 2023 with sales of $56.0 million," said Airgain's President and Chief Executive Officer, Jacob Suen. "We believe that the fourth quarter was the trough for our business after sequential declines through the year. As we turn to 2024, we anticipate a year of gradual growth driven by recoveries in our end markets, investments in product innovations, and launches of our 5-G connectivity initiatives. We remain relentlessly focused on execution and long-term value for our stakeholders." Fourth Quarter 2023 Financial Highlights GAAP Sales of $10.1 million GAAP gross margin of 29.1% GAAP operating expenses of $8.4 million GAAP net loss of $5.5 million or $(0.52) per share Non-GAAP Non-GAAP gross margin of 30.3% Non-GAAP operating expen Show less Read more
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