Mobix Labs Achieves 44% Sequential Revenue Growth in Fiscal Q’4 2024
Mobix Labs, Inc. - Class A (MOBX)
Company Research
Source: Business Wire
Annual revenue of more than $6.4 million increases 426% compared to fiscal 2023Acquisition strategy continues to fuel increasing customer demand IRVINE, Calif.--(BUSINESS WIRE)--Mobix Labs Inc. (Nasdaq: MOBX) (“Mobix Labs”), a leader in advanced connectivity solutions, today announced selected preliminary results for its fiscal fourth quarter and year ended September 30, 2024.Based on preliminary unaudited information, Mobix Labs expects that its revenue for the quarter ending September 30, 2024 will exceed $2.9 million, an increase of more than 44 percent sequentially, driven by defense application products.“We are pleased with our quarterly revenue growth, particularly the contributions from our recent acquisition of RaGE Systems,” said Keyvan Samini, President and Chief Financial Officer of Mobix Labs. “Our expected 44% sequential revenue growth was largely driven from products that enhance security solutions, specifically in systems requiring robust, mission-critical communicat
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- 11/14/24 - Form SC
- 11/6/24 - Form 4
- MOBX's page on the SEC website