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.
Airgain Inc (NASDAQ: AIRG) is a leader in advanced antenna solutions and wireless connectivity technologies, powering next-generation networks across residential, enterprise, and IoT ecosystems. This page serves as the definitive source for all official company announcements and market-moving developments.
Investors and industry professionals will find curated updates including quarterly earnings reports, product innovation announcements, and strategic partnership details. Our collection spans technical breakthroughs in RF engineering, regulatory filings, and executive leadership updates essential for understanding AIRG's position in the wireless technology sector.
Content is organized to highlight critical updates first, with clear dating and sourcing for transparency. Regular visitors can track emerging trends in 5G antenna systems, automotive connectivity solutions, and enterprise network optimizations through AIRG's verified communications.
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Airgain (NASDAQ: AIRG), a leading provider of wireless connectivity solutions, has scheduled its second quarter 2024 earnings call for Tuesday, August 6, 2024, at 5:00 p.m. Eastern time (2:00 p.m. Pacific time). The company will discuss financial results for the quarter ended June 30, 2024. Management will host the presentation followed by a Q&A session.
Investors can access the call via phone at (877) 407-2988 or (201) 389-0923. The conference will also be broadcast live and available for replay through the investor section of Airgain's website. A webcast replay will be accessible until August 6, 2025.
Airgain (NASDAQ: AIRG) has entered into a strategic Memorandum of Understanding (MOU) with Compal Electronics (TAIEX: 2324), a global leader in smart device manufacturing, to commercialize Airgain's 5G Smart Fixed Wireless Access (FWA) technology, Smart Lantern™. The MOU aims to enable mass production of this technology, promising to enhance 5G customer experience and reduce installation costs for operators. Preliminary tests show over 25% improvement in performance and range compared to traditional FWA equipment. This partnership aligns with a projected $67 billion FWA market by 2028, growing at a 16% CAGR.
Airgain has secured its first purchase order from a tier one multi-service operator (MSO) in North America for its Wi-Fi 7 antenna solution. The deal is valued at several million dollars over multiple years, with the first shipment expected in the third quarter of 2024. Airgain’s Wi-Fi 7 design enhances wireless capacity, performance, and speed, offering significant benefits to consumers and generating new revenue opportunities for MSOs.
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.
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.
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.
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.
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.
