secwatch.observer — SEC 8-K summary
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Issuer:     AIRGAIN INC (AIRG)
CIK:        0001272842
Form:       8-K
Filed at:   2024-11-12T23:59:59+00:00
Accession:  0000950170-24-125497
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Airgain Q3 2024 revenue $16.1M, up 6% sequentially; GAAP net loss $(0.16)/share
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- Revenue of $16.1M, up 6.0% from Q2 2024 and 17.6% YoY; consumer segment led growth.
- GAAP net loss of $1.8M ($0.16 per share); Non-GAAP net income $6,000 ($0.00 per share).
- Non-GAAP gross margin 42.8%; Adjusted EBITDA of $0.1M.
- Launched next-generation AirgainConnect Fleet vehicle gateway for automotive market.
- Segments: Consumer $6.8M, Enterprise $6.7M, Automotive $2.6M; Enterprise declined $1.9M sequentially.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1272842/000095017024125497/0000950170-24-125497-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1272842/000095017024125497/airg-20241112.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-125497

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