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Airgain Inc (AIRG) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Airgain Inc (AIRG) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Airgain Inc provides embedded antenna technologies used to enable high performance wireless networking across home, enterprise, & industrial devices. It designs, develops, and engineers its antenna products for original equipment & design manufacturers. Airgain Inc has a market cap of $122.120 million; its shares were traded at around $12.72 with and P/S ratio of 2.06.


For the last quarter Airgain Inc reported a revenue of $16.6 million, compared with the revenue of $12.81 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $60.6 million, an increase of 22.4% from last year.

The reported loss per diluted share was 27 cents for the year, compared with the earnings per share of $0.4 in the previous year. The Airgain Inc had an operating margin of -5.59%, compared with the operating margin of 1.96% a year before. The 10-year historical median operating margin of Airgain Inc is 1.96%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Airgain Inc has the cash and cash equivalents of $13.6 million, compared with $15.0 million in the previous year. The company had no long term debt. Airgain Inc has a financial strength rank of 7 (out of 10).

At the current stock price of $12.72, Airgain Inc is traded at close to its historical median P/S valuation band of $12.86. The P/S ratio of the stock is 2.06, while the historical median P/S ratio is 2.07. The stock gained 47.14% during the past 12 months.

Directors and Officers Recent Trades:

  • President Jacob Suen sold 8,000 shares of AIRG stock on 03/05/2019 at the average price of $14. The price of the stock has decreased by 9.14% since.
  • 10% Owner Capital Partners, Llc Gen3 sold 4,964 shares of AIRG stock on 03/04/2019 at the average price of $12.77. The price of the stock has decreased by 0.39% since.
  • President Jacob Suen sold 10,000 shares of AIRG stock on 02/27/2019 at the average price of $12.73. The price of the stock has decreased by 0.08% since.

For the complete 20-year historical financial data of AIRG, click here.

This article first appeared on GuruFocus.