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

Mawson Infrastructure Group (NASDAQ:MIGI) is projected to post its quarterly earnings results before the market opens on Monday, April 7th. Analysts expect Mawson Infrastructure Group to post earnings of ($0.22) per share for the quarter.

Mawson Infrastructure Group (NASDAQ:MIGI) last announced its quarterly earnings results on Friday, March 28th. The company reported ($0.22) earnings per share for the quarter, hitting 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 firm had revenue of $15.07 million for the quarter, compared to the consensus estimate 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 Performance

Shares of NASDAQ MIGI opened at $0.41 on Friday. The stock has a 50 day moving average of $0.59 and a 200-day moving average of $1.07. Mawson Infrastructure Group has a 12 month low of $0.36 and a 12 month high of $2.45. The company has a market capitalization of $7.70 million, a P/E ratio of -0.13 and a beta of 3.70. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.09.

Wall Street Analyst Weigh In

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

Mawson Infrastructure Group Company Profile

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.