How volatile has AIRG's earnings performance been?
4/6/2025 08:29pm
Airgain's (AIRG) earnings performance has shown volatility, primarily reflected in the fluctuating earnings per share (EPS) figures compared to analyst estimates and the company's own performance over consecutive quarters.
1. **Comparison with Analyst Estimates**:
- For Q4 2023, Airgain reported an EPS of -$0.33, which was below the analyst estimate of -$0.20. This indicates a miss on the earnings front.
- In Q1 2024, the EPS was -$0.08, again missing the analyst estimate of -$0.07. This suggests a continued trend of underperformance relative to expectations.
2. **Performance Trend**:
- Between Q4 2023 and Q1 2024, the EPS improved from -$0.33 to -$0.08, which is an improvement of 75%. This improvement suggests a positive trend in the company's financial performance.
3. **Revenue Performance**:
- Airgain has shown better revenue performance than expected in both quarters. For Q4 2023, revenue was $10.07 million, slightly better than the estimated $10.00 million. In Q1 2024, revenue was $14.23 million, surpassing the estimated $13.95 million.
4. **Volatility Conclusion**:
- While Airgain's revenue has been generally robust and in some cases exceeded expectations, the company's EPS has been more variable, missing estimates in both quarters but showing a significant improvement from the previous quarter's EPS.
In summary, Airgain's earnings performance has been volatile compared to analyst expectations, with a notable improvement in EPS from Q4 2023 to Q1 2024, but still underperforming in terms of EPS estimates. The company's revenue has been more consistent and slightly better than expected.