earnings
confidence high
sentiment neutral
materiality 0.60
Mobile Infrastructure Q2 revenue $9M, net loss $4.7M; contract parking up 2.5%
Mobile Infrastructure Corp
- Total revenue $9.0M vs $9.3M prior year; net loss $4.7M vs $2.5M loss.
- NOI $5.4M, adjusted EBITDA $3.8M, both down from $5.6M and $4.1M a year ago.
- Contract parking volumes +2.5% Q2, +6.6% YTD; transient volumes lower but rates up.
- Asset divestiture progress: active negotiations for ~$20M in sales, targeting $100M over three years.
- Refinancing discussions underway for 2026 and 2027 maturities.
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