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Airgain (AIRG) Reports Q4 Loss, Tops Revenue Estimates
AirgainAirgain(US:AIRG) Zacks Investment Research·2024-03-06 23:46

分组1 - Airgain reported a quarterly loss of $0.33 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.21, and compared to a loss of $0.11 per share a year ago, indicating a significant decline in performance [1] - The company's revenues for the quarter ended December 2023 were $10.07 million, surpassing the Zacks Consensus Estimate by 0.70%, but down from $19.89 million year-over-year [1] - Over the last four quarters, Airgain has consistently failed to meet consensus EPS estimates, resulting in a Zacks Rank 4 (Sell) for the stock, suggesting expected underperformance in the near future [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is -$0.15 on revenues of $11.9 million, and for the current fiscal year, it is -$0.17 on revenues of $60.45 million [4] - The Communication - Components industry, to which Airgain belongs, is currently ranked in the bottom 40% of over 250 Zacks industries, indicating a challenging environment for the stock [4] - Another company in the same industry, Turtle Beach, is expected to report quarterly earnings of $0.64 per share, reflecting a year-over-year increase of 540%, with revenues projected at $112.43 million, up 11.4% from the previous year [5]