Airgain (AIRG) Releases Earnings Results, Misses Expectations By $-0.07 EPS

Airgain (AIRG) announced its most recent quarterly financial results on Tuesday, Sep-20-2016. AIRG reported $0.15 earnings per share for the quarter, missing the analyst consensus estimate by $-0.07. Analysts had a consensus of $0.22. The company posted revenue of $9.86 million in the period, compared to analysts expectations of $9.74 million. AIRG’s revenue was up 62.7% compared to the same quarter last year.

Many Wall Street Analysts have commented on Airgain. Wunderlich Initiated Airgain on Sep 6, 2016 to “Buy”, Price Target of the shares are set at $14.Airgain was Initiated by Northland Capital to “Outperform” on Sep 6, 2016.


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