SAN DIEGO (AP) — SAN DIEGO (AP) — Airgain Inc. (AIRG) on Wednesday reported a loss of $1.7 million in its second quarter.
On a per-share basis, the San Diego-based company said it had a loss of 13 cents. Earnings, adjusted for one-time gains and costs, were 2 cents per share.
The antenna products developer posted revenue of $13.7 million in the period.
For the current quarter ending in September, Airgain expects its per-share earnings to be 4 cents.
The company said it expects revenue in the range of $14.3 million to $16.3 million for the fiscal third quarter.
Airgain shares have climbed 41% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $5.72, a climb of 27% in the last 12 months.
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