Recap: Mawson Infra Gr Q1 Earnings - Mawson Infra Gr (NASDAQ:MIGI)

Mawson Infra Gr MIGI reported its Q1 earnings results on Monday, May 15, 2023 at 04:00 PM.

Here's what investors need to know about the announcement.

Mawson Infra Gr missed estimated earnings by 66.67%, reporting an EPS of $-0.8 versus an estimate of $-0.48.

Revenue was down $11.75 million from the same period last year.

Last quarter the company missed on EPS by $2.48 which was followed by a 8.08% drop in the share price the next day.

Here's a look at Mawson Infra Gr's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	1.14	-0.54	0.30	-0.48
EPS Actual	-1.34	-1.62	1.38	-0.96
Revenue Estimate	12.75M	14.00M	46.60M	20.60M
Revenue Actual	16.85M	28.33M	19.78M	19.42M

To track all earnings releases for Mawson Infra Gr visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.