Mobix Labs Announces Mid-Quarter Business Update
Mobix Labs, Inc. - Class A (MOBX)
Company Research
Source: Business Wire
Mobix Labs projects greater than 250% revenue growth over prior quarterExpanding customer base and successful implementation of its merger and acquisition strategy IRVINE, Calif.--(BUSINESS WIRE)--Mobix Labs, Inc. (Nasdaq: MOBX), a fabless semiconductor company developing disruptive next-generation connectivity solutions that span from wired to wireless solutions, including 5G, today announced a mid-quarter business update.Keyvan Samini, President and CFO of Mobix Labs, commented: “Mobix Labs anticipates a significant increase in revenue, projecting 250% growth from the previous quarter. This increase can be attributed to several factors, including an expanding customer base as a result of our recent acquisition of EMI Solutions. EMI has already demonstrated promising results, contributing substantially to our anticipated revenue growth. We anticipate surpassing the $1 million mark in revenue this quarter, a testament to the immediate traction gained from EMI's offerings, and succe
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Sec Filings
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- 4/29/24 - Form SC
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