Purchasing the best bargain stocks under $10 presents a special chance for investors looking for large potential returns without making a sizable initial investment. These three forward-thinking businesses represent strong development potential and astute execution in their respective industries. It is vital to comprehend these companies since they provide a combination of robust financial performance, flexibility in the market and creative approaches that have the potential to generate substantial capital ...

Recognizing intelligent and forward-thinking opportunities might be challenging in the current unstable environment. Despite this uncertainty, three under-$10 tech stocks have emerged as possible gold mines. These businesses are involved in various technology-related areas, which indicates a high possibility of significant returns by 2026.The first one sticks out due to its remarkable revenue development trend. This expansion establishes the company as a leader in the field and highlights the growing demand ...

Airgain, Inc. (NASDAQ:AIRG) Q1 2024 Results Conference Call May 8, 2024 5:00 PM ET Company Participants Jacob Suen - President and CEO Michael Elbaz - CFO Conference Call Participants Anthony Stoss - Craig-Hallum Capital Group Scott Searle - ROTH MKM Tim Savageaux - Northland Capital Markets Operator Good afternoon. Welcome to Airgain's First Quarter 2024 Earnings Conference Call. My name is Shamali, and I will be your operator for today's call. Joining us today are Airgain's President and CEO, Jacob Suen; ...

Airgain (AIRG) came out with a quarterly loss of $0.08 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.08 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this antenna products developer would post a loss of $0.21 per share when it actually produced a loss of $0.33, delivering a surprise of -57.14%.Over the last four quarters, the company has not been able to surpass consensus EPS estimates.Airgain, which belongs to ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 AIRGAIN, INC. (Exact name of registrant as specified in its charter) (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.) Delaware 95-4523882 36 ...

Sales Performance - First quarter 2024 sales were $14.2 million, a sequential increase of 41.3% from $10.1 million in Q4 2023[3] - Total sales for Q1 2024 were $14,231,000, a decrease of 13.4% compared to $16,444,000 in Q1 2023[25] - Enterprise market sales contributed $8.9 million, consumer market sales were $3.5 million, and automotive market sales were $1.8 million[3] - For Q2 2024, sales are expected to range from $14.25 million to $15.75 million, with a midpoint of $15.0 million[12] Profitability Metrics - GAAP gross profit for Q1 2024 was $5.6 million, compared to $2.9 million in Q4 2023[4] - GAAP gross margin improved to 39.2% in Q1 2024 from 29.1% in Q4 2023[5] - Gross profit for Q1 2024 was $5,576,000, down from $6,318,000 in Q1 2023, resulting in a gross margin of 39.2%[25][34] - GAAP gross margin reported at 40.2%, with a non-GAAP gross margin of 41.0%[42] Net Loss and Adjusted Metrics - GAAP net loss for Q1 2024 was $2.5 million, or $(0.23) per share, an improvement from a net loss of $5.5 million in Q4 2023[8] - Non-GAAP net loss for Q1 2024 was $0.8 million, or $(0.08) per share, compared to a non-GAAP net loss of $3.5 million in Q4 2023[8] - Net loss for Q1 2024 was $2,455,000, an improvement from a net loss of $2,858,000 in Q1 2023[25][37] - Non-GAAP net loss for Q1 2024 was $833,000, compared to a non-GAAP net loss of $859,000 in Q1 2023[37] Operating Expenses - Operating expenses decreased to $8,205,000 in Q1 2024 from $9,108,000 in Q1 2023, with R&D expenses increasing to $3,120,000[25][35] - Total operating expenses reported at $8.4 million under GAAP, and $6.8 million under non-GAAP[42] - Non-GAAP operating expenses for Q2 2024 are projected to be approximately $6.8 million[12] Cash and Current Assets - Cash and cash equivalents at the end of Q1 2024 were $7,169,000, down from $9,839,000 at the end of Q1 2023[27] - Trade accounts receivable increased to $9,644,000 in Q1 2024 from $7,375,000 in Q4 2023[23] - The company reported a decrease in inventory to $2,588,000 in Q1 2024 from $2,403,000 in Q4 2023[23] Future Outlook and Strategic Focus - The company plans to continue focusing on R&D to drive future growth, with R&D expenses reflecting a strategic investment[25] - GAAP gross margin for Q2 2024 is expected to be between 38.7% and 41.7%[12] Adjusted EBITDA - Adjusted EBITDA for Q1 2024 was $(0.7) million, an improvement from $(3.3) million in Q4 2023[9] - Adjusted EBITDA stands at a loss of $0.5 million[43] - Depreciation and amortization included in adjusted EBITDA reconciliation totaled $0.9 million[43]

Group 1 - Airgain (AIRG) is currently outperforming its peers in the Computer and Technology sector, with a year-to-date performance of approximately 48.9%, compared to the sector average gain of 10.1% [2][3] - The Zacks Consensus Estimate for Airgain's full-year earnings has increased by 10.2% over the past three months, indicating stronger analyst sentiment and an improving earnings outlook [2] - Airgain holds a Zacks Rank of 2 (Buy), suggesting a favorable investment outlook based on earnings estimates and revisions [1][2] Group 2 - Airgain is part of the Communication - Components industry, which consists of 12 stocks and currently ranks 20 in the Zacks Industry Rank, with an average gain of 8.1% this year [3] - Another notable stock in the Computer and Technology sector is Celestica (CLS), which has achieved a year-to-date return of 50.3% and has a Zacks Rank of 1 (Strong Buy) [2][3] - Celestica belongs to the Electronics - Manufacturing Services industry, which has a lower ranking (45) and has gained only 4.1% this year [3]

Finding possibilities with high growth potential is crucial in the fast-paced world of investments. Three stocks to buy, in particular, stand out as possible game-changers in the tech sector. These companies have proven their strategic insight and perseverance in facing difficulties and market swings, making them appealing investments.The first has sharpened its emphasis on the business market. The company demonstrated a will to succeed despite a consistent drop in revenue. In the meantime, the second compa ...

Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. -- ...

SAN DIEGO--(BUSINESS WIRE)--Airgain, Inc. (NASDAQ: AIRG), a leading provider of wireless connectivity solutions that creates and delivers embedded components, external antennas, and integrated systems across the globe, announced that it signed a distribution agreement with Techship, Inc. for its NimbeLink® product line of embedded cellular modems and other wireless-enabled products. Under the agreement, Techship will distribute Airgain’s NimbeLink family of plug-in cellular modems globally, supporting OEMs ...