Mobix Labs Announces Date for First Quarter 2025 Earnings Release and Conference Call
13 February 2025 - 11:00PM
Business Wire
~ Mobix Labs exceeds Q1 2025 revenue guidance
~
~ Announces Agreements to acquire two strategic
companies expanding market footprint ~
Mobix Labs, Inc. (Nasdaq: MOBX) (“Mobix Labs”), a leader in
advanced connectivity solutions, today announced it has exceeded
its revenue guidance.
Mobix Labs also agreed to acquire two strategic companies, which
on closing would expand its customer base and strengthen its market
position. These acquisitions underscore Mobix Labs' dedication to
innovation, growth, and delivering long-term value to
shareholders.
Event: Mobix Labs, Inc. First Quarter 2025 Earnings Call
Date: Tuesday, February 18, 2025 Time: 2:00 p.m. Pacific Time /
5:00 p.m. Eastern Time Webcast:
investors.mobixblabs.com
Dial-in-number:
Click here to
register for call.
About Mobix Labs, Inc.
Mobix Labs designs, develops and sells components and systems
for advanced wireless and wired connectivity, radio frequency
(“RF”), switching and filtering technologies. Our solutions are
used in the consumer commercial, industrial, automotive, medical,
5G and aerospace & defense markets worldwide. To enhance our
product portfolio, we also intend to pursue acquisitions of
companies with existing revenue which can be scaled, and which
possess technologies that accelerate the speed, accessibility, and
efficiency of disruptive or more efficient communications
solutions, and which will also allow us to expand into
strategically aligned industries. Our wireless mmWave 5G integrated
circuits currently in development are designed to deliver
significant advantages in performance, efficiency, size, and cost.
Our True Xero active optical cables (“AOCs”) are designed to meet
customer needs for high-quality active optical cable solutions at
an affordable price. Our interconnect products, which were acquired
in the EMI Solutions, Inc. (“EMI Solutions”) acquisition, are
designed for and are currently used in aerospace, military, defense
and medical applications. Our wireless systems solutions, which we
acquired in the RaGE Systems, Inc. (“RaGE Systems”) acquisition,
include products for 5G communications, mmWave imaging, and
software defined radio and custom RF Integrated circuits (“RFICs”)
targeting the commercial, industrial, and defense and aerospace
sectors. These innovative technologies are designed for large and
rapidly growing markets where there is increasing demand for higher
performance communication and filtering systems which utilize an
expanding mix of both wireless and connectivity technologies.
Mobix Labs and the logo, are among the trademarks of Mobix Labs.
Other trademarks are the property of their respective owners.
Forward-Looking Statements
This press release contains forward-looking statements. These
statements are made under the “safe harbor” provisions of the U.S.
Private Securities Litigation Reform Act of 1995. Statements that
are not historical facts, including statements about projected
revenue for the quarter and year end, demand for Mobix Labs’
products, increasing revenue and enhancing cash flow, and robust
merger and acquisition strategy, are forward-looking statements.
The actual financial and operating results that will be reflected
in Mobix Labs’ Annual Report on Form 10-K for the year ended
September 30, 2024, including its audited financial statements,
when they are completed and publicly disclosed may differ from
these preliminary results.. Although Mobix Labs believes that the
expectations reflected in the forward-looking statements are
reasonable, Mobix Labs cannot guarantee future results, levels of
activity, performance, achievements, or events and circumstances
reflected in the forward-looking statements will occur. Forward-
looking statements involve inherent risks and uncertainties, and a
number of factors could cause actual results to differ materially
from those contained in any forward-looking statement. As a result
of a number of known and unknown risks and uncertainties, the
actual results or performance of Mobix Labs may be materially
different from those expressed or implied by these forward- looking
statements. Some factors that could cause actual results to differ
include the inability to develop technology in connection with the
systems provided by RaGE Systems to its customers; the inability to
meet future capital requirements and risks related to Mobix Labs’
ability to raise additional capital; the risk that Mobix Labs is
unable to successfully commercialize its products and solutions, or
experience significant delays in doing so; the risk that Mobix Labs
may not be able to generate income from operations in the
foreseeable future; the risks concerning Mobix Labs’ ability to
continue as a going concern; the inability to maintain the listing
of Mobix Labs’ securities on Nasdaq; the risk that the price of
Mobix Labs’ securities may be volatile due to a variety of factors,
including changes in the highly competitive industries in which
Mobix Labs operates, variations in performance across competitors,
changes in laws, regulations, technologies, the global supply
chain, and macro-economic and social environments affecting Mobix
Labs’ business and changes in the combined capital structure; the
risk that Mobix Labs experiences difficulties in managing its
growth and expanding operations; the risk that Mobix Labs may not
be able to consummate planned strategic acquisitions, or fully
realize anticipated benefits from past or future acquisitions or
investments; the risk that litigation may be commenced against
Mobix Labs; the risk that Mobix Labs’ patent applications may not
be approved or may take longer than expected, and Mobix Labs may
incur substantial costs in enforcing and protecting its
intellectual property; Mobix Labs’ reliance on a limited number of
customers and retaining those customers; the impact of health
epidemics, such as the COVID-19 pandemic, on Mobix Labs’ business
and industry and the actions Mobix Labs may take in response
thereto and to other geopolitical concerns; and in some cases,
forward-looking statements can be identified by words or phrases
such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,”
“estimate,” “intend,” “plan,” “believe,” “potential,” “continue,”
“is/are likely to” or other similar expressions. The foregoing list
of factors is not exhaustive. You should carefully consider the
foregoing factors and the other risks and uncertainties described
in the “Risk Factors” section of our Quarterly Report on Form 10-Q
filed with the Securities and Exchange Commission (“SEC”) on August
14, 2024, and in any subsequent filings with the SEC. All
information provided in this press release is as of the date of
this press release, and Mobix Labs undertakes no duty to update
such information, except as required under applicable law.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20241211290754/en/
Source: Mobix Labs, Inc.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20250213967325/en/
Investor Contact: Chris Lancaster, Mobix Labs Investor
relations clancaster@mobixlabs.com
Mobix Labs (NASDAQ:MOBX)
Historical Stock Chart
From Feb 2025 to Mar 2025
Mobix Labs (NASDAQ:MOBX)
Historical Stock Chart
From Mar 2024 to Mar 2025