AIRG Q3 2023 Earnings — Airgain, Inc. Revenue & Financial Results | Market Cap Arena

AIRGAirgain, Inc.

$48M

Q3 2023 Earnings

Technology Communication Equipment

Income Statement

Revenue

$14M-28.7% YoY

Gross Profit

$5M38.2% margin

Operating Income

-$2M-13.9% margin

Net Income

-$2M-13.7% margin

EPS (Diluted)

$-0.18

QoQ Revenue Growth

-13.5%

Cash Flow

Operating Cash Flow

$640,000

Free Cash Flow

$572,000

Stock-Based Comp.

$523,000

Balance Sheet

Total Assets

$46M

Total Liabilities

$11M

Stockholders' Equity

$36M

Cash & Equivalents

$10M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$14M	$19M	-28.7%
Gross Profit	$5M	$7M	-29.7%
Operating Income	-$2M	-$1M	-51.1%
Net Income	-$2M	-$1M	-44.8%

Geographic Segments

North America

$8M60%

CHINA

$5M36%

Other Countries

$474,0003%