earnings
confidence high
sentiment positive
materiality 0.75
MultiSensor AI Q1 revenue up 132% YoY to $2.3M; ARR surges 450% to $2.5M
MultiSensor AI Holdings, Inc.
2024-Q1 EPS reported
-$0.33
revenue$2,275,000
- Revenue $2.275M, up 132% YoY from $980k.
- Annual recurring revenue $2.5M, up >450% from ~$425k.
- Converted $7.05M of convertible notes and other debts to equity.
- Terminated earnout provision that would have required up to 2.4M shares.
- Waived lock-up restriction on approximately 2.1M common shares.