Mobix Labs (NASDAQ:MOBX) Releases Quarterly Earnings Results

Mobix Labs (NASDAQ:MOBX) released its quarterly earnings results on Tuesday. The company reported $0.06 earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $1.15 million for the quarter. Mobix Labs updated its Q4 2024 guidance to EPS and its Q3 2024 guidance to EPS.

Mobix Labs Stock Down 0.7 %

Shares of NASDAQ MOBX traded down $0.02 during mid-day trading on Friday, reaching $2.69. The company’s stock had a trading volume of 15,778 shares, compared to its average volume of 168,300. The firm’s fifty day simple moving average is $2.33. Mobix Labs has a 52 week low of $1.17 and a 52 week high of $12.50.

Mobix Labs Company Profile

Mobix Labs, Inc, a fabless semiconductor company, provides wireless and connectivity solutions for next generation communication systems, including C-Band and mmWave 5G and high bandwidth cable applications. Its products include True5G chipset solutions; true xero active optical cables and related products designed to deliver fiber optic connectivity for a range of applications, including 5G infrastructure, autonomous vehicles, Pro A/V, AR/VR, remote medical systems, and others; electromagnetic interference filters deployed in aerospace, military, defense, medical, and healthcare products.