Mobix Labs (MOBX) Issues Mid-Quarter Update

Go back to Mobix Labs (MOBX) Issues Mid-Quarter Update

Mobix Labs Announces Mid-Quarter Business Update

June 10, 2024 4:05 PM EDT

Projects revenue increase of more than 70% sequential growth to more than $2 million

Successful execution of second acquisition in five months

IRVINE, Calif.--(BUSINESS WIRE)-- Today, Mobix Labs Inc. (Nasdaq: MOBX), a leader in advanced connectivity solutions, today announced a mid-quarter business update.

Keyvan Samini, President and CFO of Mobix Labs, commented, I am pleased to share that Mobix Labs is poised for a substantial revenue increase of over 70% sequentially this quarter, surpassing $2 million. This remarkable growth stems largely from our successful acquisition of... More