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Airgain Reports Fourth Quarter and Full Year 2020 Financial Results – Consumer Electronics Net - Vimarsana News

Airgain Reports Fourth Quarter and Full Year 2020 Financial Results – Consumer Electronics Net

Non-GAAP operating expense of $5.7 million GAAP net loss of $1.1 million or $(0.11) per share Non-GAAP net income of $0.2 million or $0.02 per diluted share Adjusted EBITDA of $0.3 million Fourth Quarter 2020 Financial Results Sales for the fourth quarter of 2020 were $12.8 million, of which $9.6 million was generated from the consumer market, $1.9 million from the automotive market and $1.3 million from the enterprise market. Sales for the fourth quarter of 2020 decreased $0.2 million from $13.0 million in the same year-ago period, primarily due to lower consumer market sales, largely offset...