SAN DIEGO (AP) — SAN DIEGO (AP) — Airgain Inc. (AIRG) on Wednesday reported a loss of $5.5 million in its fourth quarter.
On a per-share basis, the San Diego-based company said it had a loss of 52 cents. Losses, adjusted for one-time gains and costs, came to 33 cents per share.
The antenna products developer posted revenue of $10.1 million in the period.
For the current quarter ending in March, Airgain expects its per-share loss to be 6 cents.
The company said it expects revenue in the range of $13.3 million to $14.7 million for the fiscal first quarter.
In the final minutes of trading on Wednesday, the company's shares hit $4.63. A year ago, they were trading at $7.46.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AIRG at https://www.zacks.com/ap/AIRG