secwatch.observer — SEC 8-K summary
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Issuer:     AIRGAIN INC (AIRG)
CIK:        0001272842
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0000950170-24-091870
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Airgain Q2 2024 sales $15.2M (+7% seq.), GAAP net loss $2.5M (-$0.23/share)
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- GAAP net loss of $2.5M or $(0.23) per share; Non-GAAP net loss $0.6M or $(0.05).
- Sales of $15.2M up 6.7% from Q1 $14.2M; down 4.1% from $15.8M year-ago.
- GAAP gross margin 40.5%; Non-GAAP gross margin 41.5%; Adjusted EBITDA $(0.4)M.
- Consumer sales increased $1.3M sequentially, driven by cable/broadband/MNO; enterprise down $0.3M.
- Delivered first Wi-Fi 7 router antenna systems to tier-one MSO; launched FWA Lantern product.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1272842/000095017024091870/0000950170-24-091870-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1272842/000095017024091870/airg-20240806.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-091870

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer