Company Performance - Airgain reported break-even quarterly earnings per share, compared to a loss of $0.33 per share a year ago, representing an earnings surprise of -100% [1] - The company posted revenues of $15.08 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 0.77%, but showing an increase from $10.07 million year-over-year [2] - Over the last four quarters, Airgain has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Stock Outlook - Airgain shares have lost about 6.2% since the beginning of the year, while the S&P 500 has gained 1.3% [3] - The company's earnings outlook is currently unfavorable, leading to a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] - The current consensus EPS estimate for the coming quarter is -$0.07 on revenues of $14.45 million, and $0.09 on revenues of $69.15 million for the current fiscal year [7] Industry Context - The Communication - Components industry, to which Airgain belongs, is currently in the top 27% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Airgain's stock performance [5]
Airgain (AIRG) Reports Break-Even Earnings for Q4