Mobix Labs (NASDAQ:MOBX) Posts Quarterly Earnings Results

Mobix Labs (NASDAQ:MOBX) announced its quarterly earnings data on Wednesday. The company reported ($0.52) earnings per share 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 Stock Performance

Shares of NASDAQ MOBX traded down $0.02 during mid-day trading on Friday, hitting $1.30. The company had a trading volume of 88,196 shares, compared to its average volume of 1,078,252. Mobix Labs has a 1 year low of $0.55 and a 1 year high of $3.62. The stock’s 50-day moving average price is $1.42 and its 200-day moving average price is $1.10. The company has a current ratio of 0.20, a quick ratio of 0.14 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $47.81 million, a price-to-earnings ratio of -1.68 and a beta of -0.33.

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.