Recap: Mawson Infra Gr Q1 Earnings

Mawson Infra Gr MIGI reported its Q1 earnings results on Monday, May 15, 2023 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Mawson Infra Gr missed estimated earnings by 66.67%, reporting an EPS of $-0.8 versus an estimate of $-0.48.

Revenue was down $11.75 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $2.48 which was followed by a 8.08% drop in the share price the next day.

Here's a look at Mawson Infra Gr's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.14 -0.54 0.30 -0.48
EPS Actual -1.34 -1.62 1.38 -0.96
Revenue Estimate 12.75M 14.00M 46.60M 20.60M
Revenue Actual 16.85M 28.33M 19.78M 19.42M

To track all earnings releases for Mawson Infra Gr visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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