Mawson Infrastructure Group (MIGI) Expected to Announce Quarterly Earnings on Monday

Mawson Infrastructure Group (NASDAQ:MIGI) will likely be announcing its earnings results before the market opens on Monday, April 7th. Analysts expect the company to announce earnings of ($0.22) per share for the quarter.

Mawson Infrastructure Group (NASDAQ:MIGI) last posted its quarterly earnings data on Friday, March 28th. The company reported ($0.22) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.22). The firm had revenue of $15.07 million during the quarter, compared to analysts’ expectations of $14.40 million. Mawson Infrastructure Group had a negative return on equity of 368.57% and a negative net margin of 93.68%. On average, analysts expect Mawson Infrastructure Group to post $-2 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Mawson Infrastructure Group Stock Performance

Shares of NASDAQ MIGI opened at $0.51 on Monday. The stock’s 50-day moving average is $0.64 and its 200 day moving average is $1.10. The stock has a market cap of $9.45 million, a price-to-earnings ratio of -0.16 and a beta of 3.65. Mawson Infrastructure Group has a 1-year low of $0.44 and a 1-year high of $2.45. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.09.

About Mawson Infrastructure Group

Mawson Infrastructure Group Inc develops and operates digital infrastructure for digital currency on the bitcoin blockchain network in the United States. It engages in digital currency or bitcoin self-mining, customer co-location and related services, and energy markets, as well as operates data center facilities.