AIRG Q1 2024 Earnings — Airgain, Inc. Revenue & Financial Results | Market Cap Arena

AIRGAirgain, Inc.

$48M

Q1 2024 Earnings

Technology Communication Equipment

Income Statement

Revenue

$14M-13.5% YoY

Gross Profit

$6M39.2% margin

Operating Income

-$3M-18.5% margin

Net Income

-$2M-17.3% margin

EPS (Diluted)

$-0.23

QoQ Revenue Growth

+41.3%

Cash Flow

Operating Cash Flow

-$1M

Free Cash Flow

-$1M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$43M

Total Liabilities

$12M

Stockholders' Equity

$31M

Cash & Equivalents

$7M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$14M	$16M	-13.5%
Gross Profit	$6M	$6M	-11.7%
Operating Income	-$3M	-$3M	+5.8%
Net Income	-$2M	-$3M	+14.1%

Geographic Segments

North America

$10M70%

China Including Hong Kong and Taiwan

$3M23%

Other Countries

$904,0006%