Airgain, Inc. (NASDAQ:AIRG) Q1 2021 Results Conference Call May 10, 2022 5:00 PM ET

Company Participants

Jacob Suen - Chief Executive Officer

Morad Sbahi - Senior Vice President of Product and Marking

Victor Blair - Senior Vice President of Operation

Conference Call Participants

Scott Searle - ROTH Capital

Alessandra Vecchi - William Blair

Anthony Stoss - Craig Hallum

Craig Ellis - B. Riley Securities

Tim Savageaux - Northland Capital Markets

Operator

Good afternoon. Welcome to Airgain’s First Quarter 2022 Earnings Conference Call. My name is Karen, and I will be the coordinator for today’s call. Joining us for today are Airgain’s CEO, Jacob Suen; Senior Vice President of Product and Marking, Morad Sbahi; and Senior Vice President of Operation, Victor Blair.

As a reminder, this call will be recorded and made available for replay via a link available in the Investor Relations section of Airgain’s website at www.airgain.com. Following management’s prepared remarks, the call will be opened up for questions from Airgain’s publishing 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, May 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 for further details, including a reconciliation of the GAAP to non-GAAP results.

Now, I would 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. I will start with some commentary about our Q1 highlights and financial results. Then our Senior Vice President of Product and Market Morad Sbahi will provide an update on our product and marketing initiatives. After words our Vice President of Operations Victor Blair will provide an update on our key operational initiatives.

Airgain’s mission to connect the world to optimize integrated wireless solutions is building momentum demonstrated by the 24% sequential top line growth we deliver in Q1. This robust growth was a result of successful initiatives in penetrating the connectivity market by providing high quality products and solutions to the enterprise, automotive and consumer markets.