Airgain, Inc. (NASDAQ:AIRG) Q3 2022 Earnings Conference Call November 10, 2022 5:00 PM ET

Company Participants

Jacob Suen - President and Chief Executive Officer

Michael Elbaz - Chief Financial Officer

Morad Sbahi - Chief Revenue Officer

Conference Call Participants

Scott Searle - ROTH Capital

Sabrina Baxamusa - William Blair

Tim Savageaux - Northland Capital Markets

Michael Mani - B. Riley

Operator

Good afternoon. Welcome to Airgain’s Third Quarter 2022 Earnings Conference Call. My name is Diego and I will be your coordinator for today’s call. Joining us for today’s call are Airgain’s President and CEO, Jacob Suen; CFO, Michael Elbaz; and Chief Revenue Officer, Morad Sbahi. As a reminder, this call will be recorded and made available for replay via a link found in the Investor Relations section of Airgain’s website at www.airgain.com.

Following management’s prepared remarks, the call will be opened for questions from Airgain’s sell-side analysts. I caution listeners that during this call, Airgain management will be making forward-looking statements about future events and Airgain’s business strategy and future financial and operating performance. Actual results could differ materially from those stated or implied by these forward-looking statements due to risks and uncertainties associated with the company’s business. These forward-looking statements are qualified by the cautionary statements contained in today’s earnings release and Airgain’s SEC filings. This conference call contains time-sensitive information that is accurate only as of the date of this live broadcast, November 10, 2022. Airgain undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this conference call. In addition, this conference call may include a discussion of non-GAAP financial measures. Please see today’s earnings release results for further details, including a reconciliation of the GAAP to non-GAAP results.

Now I’d like to turn the call over to our CEO, Jacob Suen. Jacob?

Jacob Suen

Thank you, operator. Welcome everyone and thank you for joining us on the call today. Before we get into results, I wanted to take the opportunity to welcome to the Airgain’s family, our new Chief Financial Officer, Michael Elbaz. Michael brings finance experience as well as the disciplined process knowledge needed to support our growth plans. I also wanted to announce the promotions of Morad Sbahi from his position of Senior Vice President of Global Products and Marketing to the newly formed position Chief Revenue Officer, which will combine the global sales and marketing functions into one position in charge of delivering the company’s revenue plans. These changes to Airgain’s executive team represent the maturity in organization needed to support our growth plans for the coming years.