secwatch.observer — SEC 8-K summary
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Issuer:     AIRGAIN INC (AIRG)
CIK:        0001272842
Form:       8-K
Filed at:   2022-08-11T23:59:59+00:00
Accession:  0000950170-22-016886
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Airgain reports record Q2 sales of $19.3M, first positive adjusted EBITDA in over a year
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- Record sales of $19.3M, up 10.3% sequentially and 11.6% YoY.
- GAAP net loss of $1.6M ($0.16 loss per share); non-GAAP net income $0.4M ($0.03 diluted EPS).
- Adjusted EBITDA positive at $0.5M; first quarter of positive adjusted EBITDA in over a year.
- Enterprise $9.1M, Consumer $6.0M, Automotive $4.2M; Consumer down $2.9M YoY due to supply shortages.
- GAAP gross margin 38.9%, non-GAAP 39.4%; GAAP operating expenses $9.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1272842/000095017022016886/0000950170-22-016886-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1272842/000095017022016886/airg-20220811.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-016886

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