SAN DIEGO (AP) — SAN DIEGO (AP) — Airgain Inc. (AIRG) on Tuesday reported a loss of $2.5 million in its second quarter.
The San Diego-based company said it had a loss of 23 cents per share. Losses, adjusted for one-time gains and costs, were 5 cents per share.
The antenna products developer posted revenue of $15.2 million in the period.
For the current quarter ending in September, Airgain said it expects revenue in the range of $15.3 million to $16.8 million.
Airgain shares have risen 82% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $6.48, an increase of 37% in the last 12 months.
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