Mawson Infrastructure Group (MIGI) to Release Quarterly Earnings on Monday

Mawson Infrastructure Group (NASDAQ:MIGI) is expected to be issuing its quarterly earnings data 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 issued its earnings results on Friday, March 28th. The company reported ($0.22) EPS for the quarter, meeting analysts’ consensus estimates of ($0.22). Mawson Infrastructure Group had a negative return on equity of 368.57% and a negative net margin of 93.68%. The business had revenue of $15.07 million during the quarter, compared to analyst estimates of $14.40 million. 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 Down 2.4 %

MIGI stock opened at $0.41 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.39 and a current ratio of 0.39. Mawson Infrastructure Group has a fifty-two week low of $0.36 and a fifty-two week high of $2.45. The stock’s 50 day simple moving average is $0.59 and its 200 day simple moving average is $1.08. The company has a market cap of $7.67 million, a P/E ratio of -0.13 and a beta of 3.65.

Analyst Ratings Changes

Separately, HC Wainwright reissued a “neutral” rating on shares of Mawson Infrastructure Group in a research report on Wednesday.

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.