Mobix Labs (NASDAQ:MOBX) Releases Quarterly Earnings Results

Mobix Labs (NASDAQ:MOBX) issued its quarterly earnings data on Tuesday. The company reported ($0.52) earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $3.17 million for the quarter. Mobix Labs had a negative return on equity of 866.93% and a negative net margin of 437.57%.

Mobix Labs Stock Down 3.0 %

Shares of MOBX opened at $1.31 on Thursday. Mobix Labs has a 1 year low of $0.55 and a 1 year high of $3.62. The business’s 50 day simple moving average is $1.44 and its 200-day simple moving average is $1.11. The company has a quick ratio of 0.09, a current ratio of 0.13 and a debt-to-equity ratio of 0.23.

About Mobix Labs

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.