AIRG Q1 2022 Earnings — Airgain, Inc. Revenue & Financial Results | Market Cap Arena

AIRGAirgain, Inc.

$48M

Q1 2022 Earnings

Technology Communication Equipment

Income Statement

Revenue

$18M+0.8% YoY

Gross Profit

$7M40.8% margin

Operating Income

-$2M-13.8% margin

Net Income

-$3M-14.4% margin

EPS (Diluted)

$-0.25

QoQ Revenue Growth

+23.9%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

$4M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$67M

Total Liabilities

$24M

Stockholders' Equity

$43M

Cash & Equivalents

$19M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$18M	$17M	+0.8%
Gross Profit	$7M	$7M	+3.8%
Operating Income	-$2M	-$2M	-29.0%
Net Income	-$3M	$237,000	-1163.7%

Geographic Segments

North America

$10M60%

China Including Hong Kong and Taiwan

$6M37%

Other Countries

$584,0003%