AIRGAIN IPO (AIRG)

[stocktrademan]

AIRG bullish 24.68



















normal chart


log chart

[biotechnician]

PT $44 by End of year imo.

[biotechnician]

Imo APPL or similar buys AIRG above $50. Major growth !

[Shortmetina]

$AIRG Technical Analysis

[jad2967]

Second Quarter 2016 Financial Results


Sales increased 63% to $9.9 million from $6.1 million in the same year-ago period. The increase was primarily driven by an increase in product sales.

Gross profit increased 79% to $4.5 million (46.1% of sales) from $2.5 million (42.0% of sales) in the same year-ago period. The increase in gross profit as a percentage of sales was driven by an increase in the sales of board-mounted antennas, which typically carry higher gross margins.

Total operating expenses increased 31% to $3.6 million from $2.7 million in the same year-ago period. The increase was primarily due to higher personnel expenses to support the company's sales and marketing and R&D initiatives.

Net income attributable to common stockholders totaled $700,428, or $0.15 per diluted share, an improvement from net loss attributable to common stockholders of $781,689, or $(1.22) per diluted share, in the same year-ago period.

Adjusted EBITDA (earnings before interest, taxes, depreciation, amortization, fair market value for adjustments of warrants, and share-based compensation) increased to $1.3 million from $71,165 in the same year-ago period (see note regarding "Use of Non-GAAP Financial Measures," below for further discussion of this non-GAAP measure).

Second Quarter 2016 Key Performance Indicators (compared to same year-ago period)

Total customer devices increased 62% or 4.6 million devices to 12.0 million devices
The average number of antennas per device increased 24% to 3.07
The average selling price per device decreased 1% to $0.79
Management Commentary
"Our second quarter financial results are largely reflective of the numbers contained in our S-1 filing in July and we're very pleased with our performance for the quarter," said Airgain president and CEO, Charles Myers. "We're also excited to have recently become public and be able to scale our organization even further with a much larger and more diversified shareholder base. Looking ahead to the rest of the year, we look to build on this progress by continuing to execute on our key strategic initiatives."

[biotechnician]

The company also believes that the Internet of Things (IoT) will offer a promising growth opportunity moving forward. Airgain is right to bet on IoT, as the industry and its devices is expected, over the next five years, to double to almost 12 billion.
In some way or another, IoT devices all rely on either Bluetooth, near field communication (NFC), or Wi-Fi, and these are the kind of technologies that need complex antenna systems, just what Airgain specializes in.

[biotechnician]

Airgain’s potential market is huge, as it’s catering to the continually increasing demand for new technological innovations requiring maximum throughput: video streaming, media adapters, and access points, among others.

The company also believes that the Internet of Things (IoT) will offer a promising growth opportunity moving forward. Airgain is right to bet on IoT, as the industry and its devices is expected, over the next five years, to double to almost 12 billion.

In some way or another, IoT devices all rely on either Bluetooth, near field communication (NFC), or Wi-Fi, and these are the kind of technologies that need complex antenna systems, just what Airgain specializes in.

[sweet crude]

AIRG added to watch list -> $20+ target

I like way chart is setting up, and I think $20 is not just doable, but possibly way low...i could totally see $25 to $30 here. Next week could be exciting...load up!!


Airgain (AIRG) Added to 'Watch List' Along with Hammer Fiber (HMMR)
Date: September 15, 2016 7:25 AM EDT

(NEW YORK)--Airgain, Inc. (Nasdaq:AIRG), a leading provider of embedded antenna technologies used to enable high performance wireless networking, was addded to watch list as broadband wireless play that may offer short term upside in near future.

Ludlow Research, a small cap equity research firm based in new York City, announced it has added Airgain (AIRG) to its broadband 'watch list' as company plans to announce second quarter results next week.

AIRG is expected to hold conference call on Tuesday, Sept. 20th at 4:30 EDT to discuss second quarter results.

Ludlow Research noted in comment to subscribers that AIRG rise to $13 since IPO, and recent consolidation over the past two weeks, may set the stage for rally to $20+ in near term on any potential bullish outlook on earnings call. For this reason Ludlow Research has added Airgain (AIRG) on 'watch' along with Hammer Fiber Optics (OTCMRKT:HMMR) as players within the broadband 'wireless fiber' delivery sector.

AIRG is a leading provider of embedded antenna technologies used to enable high performance wireless networking across a broad range of home, enterprise, and industrial devices. Their antennas are found in devices deployed in carrier, enterprise, and residential wireless networks and systems, including set top boxes, access points, routers, gateways, media adapters, digital televisions, and Internet of things (IOT) devices.

Airgain partners with and supplies the largest blue chip brands in the world, including original equipment and design manufacturers, chipset makers, and global operators. Airgain is headquartered in San Diego, California, and maintains design and test centers in San Diego, Cambridge, UK, Taipei, Taiwan, and Suzhou, China.

Move to Wireless Fiber Delivery

In June, Alphabet chairman Eric Schmidt told investors that the company would be testing the concept of delivering wireless internet to homes in Kansas City, Mo., the first market to receive Google Fiber. A Wall Street Journal story on August 15 stated Google says it hopes to go wireless in markets such as Chicago, Los Angeles, and Dallas, and has suspended the physical deployment of the network in Portland, Ore., and San Jose, California most likely due to the high deployment costs.

Up till now, Fiber has provided low-cost, high-speed internet access through physical infrastructure in the areas it serves, but the labor-intensive process of digging up streets and laying cable was taking longer and costing more money than the Company had expected. The solution? Wireless fiber!

This could be very bullish for a stock like Airgain, as their embedded antenna technologies could be what is need to deliver that wireless broadband for last mile delivery directly into individual homes and local neighborhoods.

HMMR recently leased 28 GHz wireless spectrum from Straight Path Communications Inc. for use in its broadband wireless network for the New Jersey shore, and now plans to install clusters of ten towers that will serve the area to solve the issue of 'last mile' broadband delivery in the fourth quarter.

As more networks switch to "wireless fiber" to deliver broadband services in the last mile of their networks, stocks like Airgain (AIRG) and Hammer Fiber (HMMR), may be perfectly positioned for this new standard of broadband wireless fiber delivery going forward.

[jad2967]

She's going to start running, buy and hold!

http://www.wallstreetnewscast.com/news/2016/09/airg-4835.html

[jad2967]

Quite period set to expire Sept 21

http://www.thecerbatgem.com/2016/09/14/airgain-incs-airg-quiet-period-set-to-expire-on-september-21st.html

Get ready for the pop!

[sweet crude]

AIRG + wireless fiber/broadband = bullish

Would not be surprised to see AIRG at $30+ real soon. only 7 million shares OS here?...kaboom!


Airgain (AIRG) Continues Run Upward Since IPO
Date: September 08, 2016 7:10 AM EDT

(NEW YORK)--Airgain, Inc. (Nasdaq:AIRG), a leading provider of embedded antenna technologies used to enable high performance wireless networking, continues remarkable run upward since its mid-August IPO.

Airgain (AIRG) jumped to around $14 as the stock continues its run since it IPO several weeks back at price of $8.00 per share. The Company is a leading provider of embedded antenna technologies used to enable high performance wireless networking across a broad range of home, enterprise, and industrial devices. Their antennas are found in devices deployed in carrier, enterprise, and residential wireless networks and systems, including set top boxes, access points, routers, gateways, media adapters, digital televisions, and Internet of things (IOT) devices.

Airgain partners with and supplies the largest blue chip brands in the world, including original equipment and design manufacturers, chipset makers, and global operators. Airgain is headquartered in San Diego, California, and maintains design and test centers in San Diego, Cambridge, UK, Taipei, Taiwan, and Suzhou, China.

Along with AIRG attractive market valuation, another aspect drawing in investors is Google Fiber's announcement that they plan to scrap laying fiber in the ground in exchange for more broadband wireless solutions.

In June, Alphabet chairman Eric Schmidt told investors that the company would be testing the concept of delivering wireless internet to homes in Kansas City, Mo., the first market to receive Google Fiber. A Wall Street Journal story on August 15 stated Google says it hopes to go wireless in markets such as Chicago, Los Angeles, and Dallas, and has suspended the physical deployment of the network in Portland, Ore., and San Jose, California most likely due to the high deployment costs.

Up till now, Fiber has provided low-cost, high-speed internet access through physical infrastructure in the areas it serves, but the labor-intensive process of digging up streets and laying cable was taking longer and costing more money than the Company had expected. The solution? Wireless fiber!

This could be very bullish for a stock like Airgain, as their embedded antenna technologies could be what is need to deliver that wireless broadband for last mile delivery directly into individual homes and local neighborhoods.

Another player launching wireless fiber solutions to solve 'last mile' broadband delivery is Hammer Fiber Optics (OTCQB:HMMR) out of New Jersey.

Hammer Fiber recently leased 28 GHz wireless spectrum from Straight Path Communications Inc. for use in its broadband wireless network for the New Jersey shore, and plans to install clusters of ten towers that will serve the area to solve the issue of 'last mile' broadband delivery.

As more networks switch to "wireless fiber" to deliver broadband services in the last mile of their networks, like Hammer Fiber, there will be a need for equipment on the user end to draw down this expanding broadband deliver, and Airgain may be perfectly positioned for this new standard going forward.
http://www.wallstreetnewscast.com/news/2016/09/airg-2342.html

[mfreddy08]

I like how this is shaping up..

[WORTHWHILE]

GO to their website... Internet of Things. These guys are the future of the IofT. Recent IPO. buy and hold long....

[mfreddy08]

What did I just stumble into here?? Anyone have some DD on this little lady??

[jones99]

Someone tipped me this stock. Suffice to say, I'm glad to have him in my network :) Pulled out in case of a dip, but remain bullish.

[WORTHWHILE]

Yeah I know. And the industry(Internet of Things) is the flavor of the month! I think we could walk in the path of TWLO. I think a double bagger is easy, triple is possible. Buy and hold on for a couple months when the smoke clears see how high we could go.

[tooincredible52]

Delete all these post and stay quiet lol I've been doing research on this for a couple days now and seen the outstanding shares but it just hit me that the float is only 1.5mil. 400k+volume and I'm sure you know if an IPO gets hot watch out. WOW could be sitting on a double bagger here

[WORTHWHILE]

Yes, the IPO was for 1.5 million share with an option of 225k more. I don't know that the 225k is issued yet but let's assume they are. It has already traded @ 1.7 million shares so far.... Lots of day traders the last couple sessions. Once we get some exposure and longer term hold shareholders it'll take off like a rocket. I for one plan on holding for at least a few more weeks to see where it plays out to. Just got off the TWLO ride and think we may be in for another here.

[tooincredible52]

Is the float only 1.5mil shares right now?

[WORTHWHILE]

AIRG getting coverage on Cramer's The Street

http://realmoney.thestreet.com/articles/08/18/2016/vonage-starting-look-technically-attractive

[WORTHWHILE]

WELCOME