Recent Updates — AIRG
Airgain, Inc. reported financial results for the quarter ended June 30, 2026, with sales of $13.7 million, a 19% sequential increase driven by enterprise IoT modem and automotive gateway shipments. The company achieved non-GAAP net income of $0.3 million ($0.02 per share) and positive adjusted EBITDA of $0.4 million, marking a return to profitability on a non-GAAP basis compared to prior losses. GAAP results showed a net loss of $1.7 million ($0.13 per share). Management provided third-quarter 2026 guidance expecting sales between $14.25 million and $16.25 million, with an expected midpoint non-GAAP net income of $0.04 per share. Airgain operates in the wireless connectivity solutions industry, providing advanced IoT modems, vehicle gateways, and consumer antennas.