AIR Global (NASDAQ:AIIR – Get Free Report) posted its earnings results on Thursday. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.01), FiscalAI reports. The firm had revenue of $99.82 million during the quarter.
Here are the key takeaways from AIR Global’s conference call:
- AIR reported third-quarter revenue growth of 11.1% to $100 million and Adjusted EBITDA growth of 7.7% to $31 million, with FSM shipment volumes recovering 5.8% after falling in the first half. Management reiterated 2026 guidance for broadly stable volumes, 4%–6% revenue growth and low- to mid-single-digit Adjusted EBITDA growth.
- Higher logistics, energy, insurance and raw-material costs weighed on margins: Q3 Adjusted EBITDA margin declined to 31% from 31.9%, and management expects modest margin compression in 2026. The company said year-end leverage is now expected to be about 2.5x, up from prior guidance of 2.1x, largely because of refinancing costs and elevated working capital.
- AIR plans to begin a quarterly dividend of $0.28 per share with its first-quarter 2027 results, subject to board approval, and authorized a share repurchase program of up to $100 million through December 2029. Management targets net debt below 2x Adjusted EBITDA by December 2027, while noting returns depend on cash generation and other conditions.
- AIR submitted its U.S. premarket application for Crown Switch, its rechargeable pod vape, and is awaiting FDA review; management said regulatory approval and consumer uptake will determine commercialization and scale. The company is prioritizing vapes over nicotine pouches, citing its view that near-term vape profitability prospects are stronger.
AIR Global Stock Up 8.4%
NASDAQ:AIIR opened at $8.21 on Friday. The company has a quick ratio of 1.12, a current ratio of 1.41 and a debt-to-equity ratio of 1.76. The business has a 50-day simple moving average of $7.48. AIR Global has a 1-year low of $5.29 and a 1-year high of $13.37.
Analysts Set New Price Targets
AIIR has been the topic of a number of recent research reports. Cantor Fitzgerald initiated coverage on shares of AIR Global in a research note on Monday, October 12th. They set an “overweight” rating and a $11.03 price target on the stock. Roth Capital began coverage on shares of AIR Global in a research note on Wednesday, October 21st. They issued a “buy” rating and a $11.50 price objective for the company. Zacks Research raised shares of AIR Global to a “hold” rating in a research note on Thursday, October 22nd. Finally, Barclays restated an “overweight” rating and issued a $10.00 target price on shares of AIR Global in a report on Wednesday, August 26th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $10.84.
View Our Latest Stock Analysis on AIIR
About AIR Global
Cantor Equity Partners III Inc. is a blank check company. It formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Cantor Equity Partners III Inc. is based in NEW YORK.
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