Airgain Stock Price, News & Analysis

Airgain, Inc. (NASDAQ: AIRG) will host a conference call on May 11, 2023, at 5:00 p.m. Eastern Time to discuss financial results for the first quarter ending March 31, 2023. The call will be followed by a question-and-answer session, allowing attendees to engage with management.

Participants can join the call by dialing (877) 407-2988 or +1 (201) 389-0923. The call will also be available via a live webcast, with replay options extending until May 11, 2024.

Airgain specializes in wireless connectivity solutions, offering products such as embedded components and integrated systems. The company's sub-brands include Airgain Embedded and Airgain Antenna+, targeting the enterprise, automotive, and consumer markets.

Airgain, Inc. (NASDAQ: AIRG) has secured a multi-year contract to provide its NimbeLink® asset tracking solution for monitoring railcars. This cellular-based technology enables asset tracking indoors and outdoors, minimizing wireless infrastructure costs. The rail transportation market, valued at over $110B in the US, continues to grow at 2.9% annually, necessitating reliable connectivity solutions. Airgain's asset trackers, which can last up to 14 years on a single battery, integrate sensors for comprehensive tracking data. This contract signifies Airgain's strong position in a growing rail industry, emphasizing the critical role of connectivity in improving operational efficiency.

Airgain, Inc. (AIRG) reported fourth quarter 2022 sales of $19.9 million, up 4% sequentially and 41% year-over-year, contributing to fiscal year sales of $75.9 million, an 18% increase from 2021. Significant growth was noted in the enterprise market, with Q4 sales driven by $10.0 million from enterprise, $3.4 million from automotive, and $6.5 million from consumer markets. The company incurred a GAAP net loss of $3.2 million in Q4, down from a loss of $1.3 million in Q3. Looking ahead, Q1 2023 sales are projected between $15.7 million and $17.3 million.

Airgain, Inc. (NASDAQ: AIRG) has launched its Lighthouse™ smart repeaters, aimed at enhancing 5G coverage and reducing operational costs for mobile network operators. These new products include low-power SOHO repeaters and high-power network repeaters, boasting advanced features such as carrier aggregation, low latency, and innovative smart antenna technology. Airgain plans to begin trials of these repeaters on major operator networks in Q2 2023. This initiative aligns with Airgain's ongoing commitment to deliver comprehensive 5G solutions, which include fixed wireless access and enterprise software management.

Airgain (NASDAQ: AIRG) will host an Analyst Day on March 15, 2023, at the Morgan Run Club & Resort in Rancho Santa Fe, California. The event will start at 2:00 p.m. PT and conclude around 5:00 p.m. PT. Executives will discuss the company’s business strategy, growth drivers, and showcase product demonstrations.

Attendees will hear customer and partner testimonials and participate in a Q&A session. Interested parties can RSVP by emailing AIRG@gatewayir.com. The event will also be available via a live webcast and for replay on the Investor Relations section of Airgain’s website.

Airgain (NASDAQ: AIRG) announced its participation at Mobile World Congress in Barcelona from Feb. 27 to March 2, 2023, showcasing new 5G infrastructure products. Utilizing the Anritsu Radio Communications Test Station MT8000A, Airgain aims to improve customer experience through enhanced 5G testing capabilities. The MT8000A supports diverse 5G testing requirements, playing a crucial role in chipset development and conformance testing. Airgain emphasizes collaboration with Anritsu to streamline 5G product development and innovation, highlighting the growing demand for reliable wireless connectivity solutions.

Airgain, Inc. (NASDAQ: AIRG) will hold a conference call on March 9, 2023, at 5:00 p.m. ET to discuss its financial results for Q4 and the full year ended December 31, 2022. Interested parties can dial in at (877) 407-2988 or +1 (201) 389-0923. The call will also be available for webcast on the company’s investor website.

Airgain specializes in wireless connectivity solutions, offering products including embedded components and antennas. The company's mission is to connect diverse market devices through optimized wireless solutions.

Airgain (NASDAQ: AIRG) has partnered with Deutsche Telekom IoT to enhance its asset tracking solutions across Europe, the Middle East, Africa, and the US. This collaboration allows for robust connectivity through Deutsche Telekom’s extensive IoT network, enabling better tracking capabilities for Airgain’s devices, which feature a battery life of up to 14 years. The new partnership aims to simplify IoT integration for customers and expand market reach, providing a comprehensive solution for asset monitoring using multiple technologies.

Airgain (NASDAQ: AIRG) has partnered with D-Link to enhance wireless connectivity in the DWA-F18 VR Air Bridge, designed for VR headsets. The integration of Airgain's embedded antennas will optimize WiFi 6 signals, ensuring ultra-low latency communications between the PC and the headset, which significantly improves the VR gaming experience. Brian Critchfield, VP of Global Marketing for Airgain, expressed excitement about working with D-Link, citing their innovative approach in wireless technology. D-Link is recognized for its leadership in networking solutions.