Mawson Infrastructure Group Inc reports results for the quarter ended in January - Earnings Summary
17/05/2024 13:21
* Mawson Infrastructure Group Inc MIGI.OQ reported a
quarterly
adjusted loss of 47 cents per share for the quarter ended in
January, higher than the same quarter last year, when the
company reported EPS of -80 cents. The lone analyst forecast
for the quarter was for a loss of 12 cents per share.
* Revenue rose 144.7% to $18.77 million from a year ago;
analysts
expected $16.00 million.
* Mawson Infrastructure Group Inc's reported EPS for the
quarter
was a loss of $1.19.
* The company reported a quarterly loss of $19.76 million.
* Mawson Infrastructure Group Inc shares had fallen by 28.8%
this
quarter and lost 65.9% 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 May 17 at
12:20 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
Mar. 31 2024 -0.12 -0.47 Missed
Dec. 31 2023 -0.73 -0.76 Missed
Sep. 30 2023 -0.39 -1.15 Missed
-1.12