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Airgain, Inc. - $AIRG STOCK NEWS

Welcome to our dedicated page for Airgain news (Ticker: $AIRG), a resource for investors and traders seeking the latest updates and insights on Airgain stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Airgain's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Airgain's position in the market.

Rhea-AI Summary

Airgain, Inc. (NASDAQ: AIRG) will be virtually presenting at the 19th Annual Needham Virtual Technology, Media & Consumer Conference on May 16, 2024. The presentation will be webcast and Airgain management is scheduled to present at 1:30 p.m. ET. Interested parties can schedule one-on-one meetings with Airgain management through Gateway Group.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.19%
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Rhea-AI Summary

Airgain, Inc. (NASDAQ: AIRG) reported strong sequential revenue growth in the first quarter of 2024, reaching $14.2 million in sales. The enterprise market drove this growth, with a focus on 5G connectivity initiatives. Gross margin increased to 39.2%, and the company saw a net loss of $2.5 million or $(0.23) per share. Despite a decrease in sales year-over-year, Airgain remains optimistic for the future.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.19%
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Rhea-AI Summary

Digi International, a global IoT connectivity provider, won a patent infringement case against NimbeLink , a subsidiary of Airgain Inc. The U.S. District Court invalidated all patent claims against Digi related to NimbeLink's Skywire cellular modems. This ruling follows a previous dismissal of NimbeLink's contract claims. Digi's President, Ron Konezny, expressed satisfaction with the Court's decision.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.56%
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Rhea-AI Summary

Airgain, Inc. (NASDAQ: AIRG) has received industry accreditation for its 5G LanternTM fixed wireless access (FWA) solution in North America. The outdoor CPE device enables high-speed 5G internet access and has been certified by top mobile operators like AT&T and T-Mobile, as well as industry bodies like the FCC and Industry Canada. The device includes EZ Installation features for easy setup and remote management capabilities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4%
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Rhea-AI Summary

Airgain, Inc. (NASDAQ: AIRG) has signed an agreement with Mouser Electronics to distribute its wireless and IoT products globally. This new partnership will make Airgain's innovative products more widely available to design engineers through Mouser's online platform, aiming to simplify wireless connectivity in new product designs.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.13%
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Rhea-AI Summary
Airgain, Inc. (NASDAQ: AIRG) will host an earnings call on May 8, 2024, to discuss its financial results for the first quarter of 2024. The call will be held at 5:00 p.m. ET, with management presenting and a Q&A session following. Investors can dial in or access the webcast for more details.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.31%
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Rhea-AI Summary
Airgain, Inc. (AIRG) signs a distribution agreement with Techship, Inc. to distribute the NimbeLink family of plug-in cellular modems globally, expanding product distribution on two continents and capitalizing on key geographies.
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End-of-Day
-2.42%
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Rhea-AI Summary
Airgain, Inc. (NASDAQ: AIRG) will attend the 36th Annual ROTH Conference on March 17-19, 2024, hosting one-on-one meetings for investors with its management team. For more details or to schedule a meeting, contact ROTH MKM Conference representative or Gateway Group at AIRG@gateway-grp.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.19%
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conferences
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Rhea-AI Summary
Airgain, Inc. (AIRG) reported Q4 2023 sales of $10.1 million, ending the year with $56.0 million in sales. The company anticipates gradual growth in 2024 driven by market recoveries and product innovations. However, sales declined in all markets compared to the previous year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.21%
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Rhea-AI Summary
Airgain, Inc. secures a multi-year, multi-million dollar design win with a Tier One MSO in North America for Wi-Fi 7 customer premise equipment, boosting long-term revenue. The device is set to ship in the second half of 2024, enhancing performance and driving revenue growth.
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Rhea-AI Sentiment
End-of-Day
4.85%
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Airgain, Inc.

Nasdaq:AIRG

AIRG Rankings

AIRG Stock Data

57.16M
8.56M
15.34%
43.13%
1.07%
Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing
Manufacturing
Link
United States of America
SAN DIEGO

About AIRG

airgain, inc. (nasdaq: airg) is a leading provider of embedded antenna technologies used to enable high performance wireless networking across a broad range of home, enterprise, automotive, and industrial devices. our innovative antenna systems open up exciting new possibilities in wireless services requiring high speed throughput, broad coverage footprint, and carrier grade quality. our antennas are found in devices deployed in carrier, enterprise, and residential wireless networks and systems, including set-top boxes, access points, routers, gateways, media adapters, digital televisions, and internet of things (iot) devices. airgain partners with and supplies the largest blue chip brands in the world, including original equipment and design manufacturers, chipset makers, and global operators. airgain is headquartered in san diego, california, and maintains design and test centers in san diego, cambridge, united kingdom, and suzhou and shenzhen, china. for more information, visit airg