earnings
confidence high
sentiment positive
materiality 0.75
Mobix Labs reports preliminary FY2024 revenue of $6.4M, up 426% YoY; Q4 revenue >$2.9M, up 44% sequentially
MOBIX LABS, INC
2024-FY EPS reported
-$0.75
revenue$6,442,000
- Preliminary Q4 FY2024 revenue >$2.9M, up 44% sequential; FY2024 revenue >$6.4M, up 426% vs FY2023.
- Growth driven by defense products and acquisition of RaGE Systems.
- Full fiscal Q4 earnings and 10-K expected in December 2024.
- Board members Jimmy Peterson (ex-Microsemi CEO) and David Aldrich (ex-Skyworks CEO) praise 426% revenue growth and M&A strategy.
- Company completed IPO and three acquisitions in last ten months, signaling aggressive expansion.