AIRG Q1 2023 Earnings — Airgain, Inc. Revenue & Financial Results | Market Cap Arena

AIRGAirgain, Inc.

$48M

Q1 2023 Earnings

Technology Communication Equipment

Income Statement

Revenue

$16M-6.2% YoY

Gross Profit

$6M38.4% margin

Operating Income

-$3M-17.0% margin

Net Income

-$3M-17.4% margin

EPS (Diluted)

$-0.28

QoQ Revenue Growth

-17.3%

Cash Flow

Operating Cash Flow

-$1M

Free Cash Flow

-$2M

Stock-Based Comp.

$981,000

Balance Sheet

Total Assets

$50M

Total Liabilities

$12M

Stockholders' Equity

$38M

Cash & Equivalents

$10M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$16M	$18M	-6.2%
Gross Profit	$6M	$7M	-11.7%
Operating Income	-$3M	-$2M	-15.0%
Net Income	-$3M	-$3M	-13.4%

Geographic Segments

North America

$10M62%

CHINA

$6M36%

Other Countries

$307,0002%