Airgain Projects Q4 Revenue Between $15.5M and $17.5M Driven by Enterprise IoT Growth
Airgain, Inc. (AIRG) reported strong third-quarter performance characterized by double-digit sequential revenue growth. This momentum was primarily driven by robust demand within the enterprise Internet of Things (IoT) sector. Additionally, the company achieved a significant 50% improvement in adjusted EBITDA during the quarter. Looking ahead to the fourth quarter, Airgain has provided revenue guidance ranging from $15.5 million to $17.5 million. The management team views these results as a solid step forward for the company's growth trajectory within its core market segments.
Tickers: $AIRG
Topics: EBITDA Improvement IoT Demand Q3 Earnings Revenue Growth