MultiSensor AI (NASDAQ:MSAI) Releases Earnings Results, Misses Expectations By $0.20 EPS

MultiSensor AI (NASDAQ:MSAI) announced its quarterly earnings results on Tuesday. The company reported ($0.22) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.20), Zacks reports. MultiSensor AI had a negative return on equity of 3,569.83% and a negative net margin of 398.12%. The firm had revenue of $1.60 million for the quarter, compared to the consensus estimate of $4.50 million.

MultiSensor AI Price Performance

Shares of MSAI traded down $0.12 on Thursday, hitting $1.71. The company’s stock had a trading volume of 5,407 shares, compared to its average volume of 77,056. The firm’s fifty day moving average price is $2.02 and its 200-day moving average price is $2.03. MultiSensor AI has a fifty-two week low of $1.51 and a fifty-two week high of $14.00.

MultiSensor AI Company Profile

MultiSensor AI Holdings, Inc manufactures and distributes multi-sensor systems for thermographic and other use in various industrial applications in the United States and internationally. The company offers sensor devices ranging from small to large handheld designs with built-in displays and controls, fixed-mounted pan-tilt-zoom single- and multi-sensor camera standalone systems, and mobile multi-sensor payload and gimbal systems for unmanned aerial vehicles and unmanned ground vehicles.