Reports Q4 revenue $15.1M, consensus $16.35M. “Fourth quarter marked a significant milestone as we successfully completed the first commercial deployment of Lighthouse, Airgain’s (AIRG) Smart Network-Controlled Repeater, reinforcing its differentiation in improving outdoor and indoor wireless coverage. With fourth-quarter sales of $15.1 million, up 50% year-over-year but down 6% sequentially due to excess customer inventories and project delays, we remain focused on executing our strategic initiatives for sustainable long-term growth. Our strategic partnership with Omantel expands our global 5G footprint, and the additional carrier certification for AirgainConnect Fleet strengthens our leadership in advanced wireless solutions. With a robust pipeline of product launches, we are well-positioned to capitalize on emerging opportunities in 2025,” said Jacob Suen, President and CEO of Airgain.
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