Mobix Labs (NASDAQ:MOBX) Releases Earnings Results

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

Mobix Labs Stock Up 0.8 %

Shares of NASDAQ:MOBX traded up $0.01 during trading on Friday, reaching $1.32. 131,348 shares of the stock were exchanged, compared to its average volume of 1,079,518. The stock has a fifty day moving average of $1.42 and a two-hundred day moving average of $1.10. Mobix Labs has a 1-year low of $0.55 and a 1-year high of $3.62. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.20 and a quick ratio of 0.14. The firm has a market cap of $48.73 million, a price-to-earnings ratio of -1.71 and a beta of -0.33.

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.