Mawson Infrastructure Group Inc reports results for the quarter ended in December - Earnings Summary
01/04/2024 13:00
* Mawson Infrastructure Group Inc MIGI.OQ reported a
quarterly
adjusted loss of 76 cents per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of $-1.39. The mean expectation of
two analysts for the quarter was for a loss of 73 cents per
share. Wall Street expected results to range from -82 cents
to -65 cents per share.
* Revenue fell 16.8% to $14.02 million from a year ago;
analysts
expected $9.75 million.
* Mawson Infrastructure Group Inc's reported EPS for the
quarter
was a loss of 76 cents.
* The company reported a quarterly loss of $12.93 million.
* Mawson Infrastructure Group Inc shares had held steady so
far
this quarter and lost 52.2% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."
* The average consensus recommendation for the it services &
consulting peer group is "hold."
Wall Street's median 12-month price target for Mawson
Infrastructure Group Inc is $2.00
This summary was machine generated from LSEG data April 1 at
12:00 p.m. UTC. All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Dec. 31 2023 -0.73 -0.76 Missed
Sep. 30 2023 -0.39 -1.15 Missed
-1.12
-0.80