Overview

* Airgain ( AIRG ) Q2 sales rise 13.4% sequentially,in-line with analyst expectations, per LSEG data

* Adjusted EPS for Q2 beats analyst estimates, reflecting improved operational performance

* Company expects profitability in H2 2025 and scalable growth in 2026

Outlook

* Airgain ( AIRG ) sees Q3 sales between $13.0 mln and $15.0 mln

* Company expects Q3 GAAP gross margin between 41.4% and 44.4%

* Airgain ( AIRG ) anticipates Q3 non-GAAP net income per share of $0.01 at the midpoint

* Company projects Q3 adjusted EBITDA of $0.2 mln at midpoint

Result Drivers

* ENTERPRISE SALES - Increased shipments of embedded modems and custom IoT products drove enterprise market sales

* PRODUCT LAUNCHES - Launch of Go-Kit Pro and NimbeLink Skywire expected to streamline IoT deployments and enhance connectivity solutions

* CERTIFICATION ACHIEVEMENT - AC-Fleet received FirstNet Trusted certification, validating compliance with public safety standards

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Sales Meet $13.62 $13.50

mln mln (3

Analysts

)

Q2 Beat -$0.04 -$0.06

Adjusted (3

EPS Analysts

)

Q2 Net -$1.48

Income mln

Q2 Gross $5.84

Profit mln

Q2 -$2 mln

Income

From

Operatio

ns

Q2 $7.84

Operatin mln

g

Expenses

Q2 -$1.46

Pretax mln

Profit

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the communications & networking peer group is "buy"

* Wall Street's median 12-month price target for Airgain Inc ( AIRG ) is $7.00, about 35.4% above its August 5 closing price of $4.52

* The stock recently traded at 68 times the next 12-month earnings vs. a P/E of 39 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)