AIRG Q2 2023 Earnings — Airgain, Inc. Revenue & Financial Results | Market Cap Arena

AIRGAirgain, Inc.

$48M

Q2 2023 Earnings

Technology Communication Equipment

Income Statement

Revenue

$16M-17.9% YoY

Gross Profit

$6M39.7% margin

Operating Income

-$2M-14.0% margin

Net Income

-$2M-13.9% margin

EPS (Diluted)

$-0.21

QoQ Revenue Growth

-3.7%

Cash Flow

Operating Cash Flow

-$570,000

Free Cash Flow

-$585,000

Stock-Based Comp.

$968,000

Balance Sheet

Total Assets

$50M

Total Liabilities

$12M

Stockholders' Equity

$37M

Cash & Equivalents

$9M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$16M	$19M	-17.9%
Gross Profit	$6M	$7M	-16.2%
Operating Income	-$2M	-$2M	-37.1%
Net Income	-$2M	-$2M	-36.2%

Geographic Segments

North America

$9M60%

CHINA

$6M38%

Other Countries

$333,0002%