earnings
confidence high
sentiment positive
materiality 0.75
Mobile Infrastructure Q2 revenue $9.3M (+29% YoY); net loss narrows to $2.5M
Mobile Infrastructure Corp
- Total revenue Q2 2024: $9.3M vs $7.2M in prior-year period.
- Net loss improved to $2.5M from $3.7M loss in Q2 2023.
- Net Operating Income (NOI) rose 14% to $5.6M; Adjusted EBITDA $4.2M vs $3.6M.
- NAV per share calculated at $7.25 as of June 30, 2024.
- Full-year 2024 guidance reaffirmed; converting assets to managed service contracts.