Earnings Call Summary | Airgain(AIRG.US) Q1 2024 Earnings Conference
Earnings Call Summary | Airgain(AIRG.US) Q1 2024 Earnings Conference
The following is a summary of the Airgain, Inc. (AIRG) Q1 2024 Earnings Call Transcript:
以下是Airgain公司（AIRG）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Airgain generated $14.2 million in Q1 2024 sales, a 41% increase from the prior quarter.
The gross margin for Q1 was 40.2%, up significantly from the previous quarter due to inventory adjustments.
Q1 Adjusted EBITDA was negative $0.7 million and non-GAAP EPS was negative $0.08.
Enterprise sales in Q1 was $8.9 million, reflecting a sequential increase of 92%, driven by growth in custom products, embedded modems and IoT antennas product lines.
Consumer sales were $3.5 million, reflecting a sequential increase primarily due to shipments of a Tier 1 MNO antenna design win.
A promising backlog for Q2 was indicated, particularly in the consumer market, with growth expected in the latter half of the year in the consumer segment, driven by a design win with a major network operator (MNO) and early adoption of Wi-Fi 7 by multiple-system operators (MSOs).
Airgain在2024年第一季度創造了1,420萬美元的銷售額，比上一季度增長了41％。
由於庫存調整，第一季度的毛利率爲40.2％，較上一季度大幅增長。
第一季度調整後的息稅折舊攤銷前利潤爲負70萬美元，非公認會計准則每股收益爲負0.08美元。
受定製產品、嵌入式調制解調器和物聯網天線產品線增長的推動，第一季度企業銷售額爲890萬美元，連續增長92％。
消費者銷售額爲350萬美元，反映了連續增長，這主要歸因於Tier 1的MNO天線設計中標的出貨量。
第二季度的積壓情況令人鼓舞，尤其是在消費市場，消費市場預計將在下半年實現增長，這要歸因於一家大型網絡運營商（MNO）的設計勝利以及多系統運營商（MSO）提前採用Wi-Fi 7。
Business Progress:
業務進展：
Airgain completed significant shipments in Q1 in a few of its product areas, such as custom products and embedded modems.
Airgain saw early indications of recovery in its enterprise and consumer markets in Q1 and expects this trend to continue.
The company is investing in its R&D and sales teams as it focuses on strategic initiatives in fixed wireless access, vehicle networking and Smart C-Band repeaters markets.
New products launched in 2023 for IoT custom products, automotive markets, and industrial IoT antennas are expected to ramp up throughout the year.
Airgain is developing wireless solutions to help partners and customers get connected quickly and expects to continue providing leading-edge products to the market.
The company expects its first production purchase order from another Tier 1 MSO in the coming weeks.
Airgain is developing its business with three key target areas for its AC Fleet: VAR partners, direct target list of around 80 private fleet companies, and strategic partnerships with companies like Exxon, Sierra Wireless, Motorola Solutions, and AT&T.
Trials for the 5G Lighthouse repeater system are ongoing with full-scale adoption expected later in the year.
Airgain anticipates revenue growth driven by demand in several applications like fixed wireless access and smart city traffic light applications.
Airgain在第一季度完成了多個產品領域的出貨量，例如定製產品和嵌入式調制解調器。
Airgain在第一季度看到了其企業和消費市場復甦的早期跡象，並預計這種趨勢將繼續下去。
該公司正在投資其研發和銷售團隊，專注於固定無線接入、車輛網絡和智能C波段中繼器市場的戰略舉措。
2023 年針對物聯網定製產品、汽車市場和工業物聯網天線推出的新產品預計將全年增加。
Airgain正在開發無線解決方案，以幫助合作伙伴和客戶快速建立聯繫，並希望繼續向市場提供領先的產品。
該公司預計將在未來幾周內從另一家一級MSO那裏獲得第一份生產採購訂單。
Airgain正在以其AC Fleet的三個關鍵目標領域發展其業務：VAR合作伙伴、約80傢俬人機隊公司的直接目標清單以及與埃克森、Sierra Wireless、摩托羅拉解決方案和AT＆T等公司的戰略合作伙伴關係。
5G Lighthouse中繼器系統的試驗正在進行中，預計將在今年晚些時候全面採用。
Airgain預計，固定無線接入和智慧城市交通信號燈應用等多種應用的需求將推動收入增長。
More details: Airgain IR
更多詳情： Airgain 紅外
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譯文內容由第三人軟體翻譯。