MultiSensor AI (NASDAQ:MSAI) Posts Earnings Results, Misses Expectations By $0.20 EPS

MultiSensor AI (NASDAQ:MSAI) posted its earnings results on Tuesday. The company reported ($0.22) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.20), Zacks reports. MultiSensor AI had a negative return on equity of 3,569.83% and a negative net margin of 398.12%. The business had revenue of $1.60 million during the quarter, compared to analyst estimates of $4.50 million.

MultiSensor AI Trading Down 11.2 %

Shares of MSAI traded down $0.22 on Wednesday, reaching $1.73. The company’s stock had a trading volume of 25,676 shares, compared to its average volume of 77,375. MultiSensor AI has a twelve month low of $1.51 and a twelve month high of $14.00. The firm has a fifty day moving average of $2.03 and a 200-day moving average of $2.03.

MultiSensor AI Company Profile

MultiSensor AI Holdings, Inc manufactures and distributes multi-sensor systems for thermographic and other use in various industrial applications in the United States and internationally. The company offers sensor devices ranging from small to large handheld designs with built-in displays and controls, fixed-mounted pan-tilt-zoom single- and multi-sensor camera standalone systems, and mobile multi-sensor payload and gimbal systems for unmanned aerial vehicles and unmanned ground vehicles.