Mobix Labs Q3 FY2024 revenue $2.1M, up 80% sequentially; GAAP operating loss $9.3M

MOBIX LABS, INC

2024-Q3 EPS reported -$0.36 revenue$3,488,000

Revenue of $2.1M for quarter ended June 30, 2024, an 80% sequential increase from Q2 2024.
GAAP loss from operations of $9.3M; non-GAAP adjusted loss from operations of $4.1M.
Completed acquisition of RaGE Systems and announced intent to acquire J-Mark Connectors Inc.
Closed private placement of pre-funded warrants for gross proceeds of $4.0M.
Strategic partnership with TalkingHeads Wireless for 5G base stations; selected as connector supplier for Navy SM-6 program.

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