Mobix Labs (NASDAQ:MOBX) Announces Earnings Results

Mobix Labs (NASDAQ:MOBX) issued its quarterly earnings results on Wednesday. The company reported ($0.52) EPS for the quarter, Zacks reports. Mobix Labs had a negative return on equity of 214.76% and a negative net margin of 310.99%.

Mobix Labs Trading Down 0.5 %

NASDAQ:MOBX traded down $0.01 on Friday, hitting $1.30. 114,115 shares of the stock were exchanged, compared to its average volume of 1,079,235. The stock has a fifty day moving average of $1.42 and a 200-day moving average of $1.10. The stock has a market cap of $48.11 million, a PE ratio of -1.67 and a beta of -0.33. The company has a current ratio of 0.20, a quick ratio of 0.14 and a debt-to-equity ratio of 0.23. Mobix Labs has a fifty-two week low of $0.55 and a fifty-two week high of $3.62.

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.