Mobile Infrastructure Q3 revenue $9.8M, net loss narrows to $1.9M from $24.6M

Mobile Infrastructure Corp

Total revenue $9.8M vs $8.1M YoY; net loss improved to $1.9M from $24.6M prior-year period.
NOI $6.1M (+3.8% YoY); Adjusted EBITDA $4.5M vs $4.4M; same-location RevPAS $227.60 vs $224.00.
Re-affirmed full-year 2024 guidance; CEO expects secular trends (return-to-office, office-to-residential) to benefit Q4 and 2025.
Secured $40.4M line of credit for cash redemption of preferred stock; commenced common stock repurchase plan.

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