Mobix Labs (NASDAQ:MOBX) Issues Earnings Results

Mobix Labs (NASDAQ:MOBX) announced its quarterly earnings data 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 Stock Performance

MOBX traded up $0.01 during trading hours on Friday, hitting $1.32. The stock had a trading volume of 131,348 shares, compared to its average volume of 1,079,518. The company’s fifty day simple moving average is $1.42 and its 200 day simple moving average is $1.10. Mobix Labs has a 1 year low of $0.55 and a 1 year high of $3.62. The company has a quick ratio of 0.14, a current ratio of 0.20 and a debt-to-equity ratio of 0.23. The stock has a market cap of $48.73 million, a PE ratio of -1.71 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.