Mobix Labs Q2 revenue $1.1M (+302% seq); acquires RaGE Systems; guides Q3 $1.8-2.2M

MOBIX LABS, INC

2024-Q2 EPS reported -$0.10 revenue$1,430,000

Q2 fiscal 2024 revenue $1.1M, up 302% sequentially from $0.29M.
GAAP operating loss $8.56M; non-GAAP operating loss $4.08M.
Signed definitive agreement to acquire RaGE Systems, expected to close May 2024.
Secured up to $100M equity line of credit with B. Riley Principal Capital II.
Guidance: Q3 net revenue $1.8-2.2M, Q4 $2.6-3.2M, subject to RaGE close.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

MOBIX LABS, INC reported fiscal second quarter ended March 31, 2024 results: revenue $1.1 million. Guidance initiated.

Period: fiscal second quarter ended March 31, 2024
Revenue: $1.1 million
Guidance: initiated
Result: reported results

Exact text from the filing

Revenue: Total revenue grew to $1.1 million in the second quarter of 2024

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Source: SEC EDGAR

accession 0001213900-24-043002

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