Mobix Labs (NASDAQ:MOBX) Posts Earnings Results

Mobix Labs (NASDAQ:MOBX) announced its earnings results on Thursday. The company reported ($0.35) earnings per share for the quarter, Zacks reports.

Mobix Labs Stock Performance

NASDAQ:MOBX traded down $0.09 during trading hours on Thursday, reaching $2.09. 2,199,948 shares of the company were exchanged, compared to its average volume of 365,225. Mobix Labs has a twelve month low of $0.55 and a twelve month high of $12.47. The stock’s 50-day moving average is $0.91 and its 200-day moving average is $1.17.

About Mobix Labs

Mobix Labs, Inc, a fabless semiconductor company, provides wireless and connectivity solutions for next generation communication systems, including C-Band and mmWave 5G and high bandwidth cable applications. Its products include True5G chipset solutions; true xero active optical cables and related products designed to deliver fiber optic connectivity for a range of applications, including 5G infrastructure, autonomous vehicles, Pro A/V, AR/VR, remote medical systems, and others; electromagnetic interference filters deployed in aerospace, military, defense, medical, and healthcare products.