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Mobile Infrastructure Stock Down Post Q3 Earnings Despite Revenue Gain
ZACKS· 2024-11-14 18:20
Shares of Mobile Infrastructure Corporation (BEEP) have declined 6.7% since the company released its third-quarter earnings report, which ended Sept. 30, 2024, underperforming the broader market as the S&P 500 experienced a slight decrease of 0.3% during the same period. Over the past month, Mobile Infrastructure’s stock has appreciated 8.1% compared with the S&P 500’s growth of 3.3%, signaling some recent positive momentum relative to the index.For the third quarter of 2024, Mobile Infrastructure reported ...
Mobile Infrastructure (BEEP) - 2024 Q3 - Quarterly Report
2024-11-13 21:22
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number: 001-40415 MOBILE INFRASTRUCTURE CORPORATION (Exact name of registrant as specified in its ...
Mobile Infrastructure (BEEP) - 2024 Q3 - Earnings Call Transcript
2024-11-13 14:50
Mobile Infrastructure Corporation (NYSE:BEEP) Q3 2024 Earnings Conference Call November 13, 2024 8:00 AM ET Company Participants Casey Kotary - IR Representative Manuel Chavez - CEO Stephanie Hogue - President Conference Call Participants Bryan Maher - B. Riley Marc Riddick - Sidoti & Company Michael Diana - Maxim Group Operator Good day, and welcome to the Mobile Infrastructure Corporation Third Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions]. ...
Mobile Infrastructure (BEEP) - 2024 Q3 - Earnings Call Presentation
2024-11-13 13:17
M = B I L E INVESTOR PRESENTATION 3rd Quarter 2024 Legal Disclaimer FORWARD-LOOKING STATEMENTS THIS PRESENTATION INCLUDES FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. ALL STATEMENTS, OTHER THAN STATEMENTS OF PRESENT OR HISTORICAL FACT, THAT ADDRESS THE FUTURE FINANCIAL PERFORMANCE OF MOBILE INFRASTRUCTURE CORPORATION (THE "COMPANY"), AS WELL AS THE COMPANY'S STRATEGY, FUTURE OPERATIONS, FUTURE OPERATING RESULTS, FINANCIAL POSITION, ESTIMATED REVENUES ...
Mobile Infrastructure (BEEP) - 2024 Q3 - Quarterly Results
2024-11-12 22:47
Exhibit 99.1 Mobile Infrastructure Reports Third Quarter 2024 Financial Results —Continued Progress Across Key Operating and Financial Metrics— —Secular Trends Should Begin to Benefit Q4 and Strengthen Comparisons in 2025— —Re-affirms Full Year 2024 Guidance — —Conference Call Will be Held November 13th at 8 AM ET— CINCINNATI—(BUSINESSWIRE)—Mobile Infrastructure Corporation (NYSE American: BEEP), ("Mobile", "Mobile Infrastructure" or the "Company"), owners of a diversified portfolio of parking assets throug ...
Mobile Infrastructure (BEEP) Q2 Earnings and Revenues Improve Y/Y
ZACKS· 2024-08-14 17:35
Mobile Infrastructure Corporation (BEEP) reported a loss per share of 6 cents in the second quarter of 2024, narrower than the year-ago loss of 19 cents per share. Revenues in Detail Mobile Infrastructure registered revenues of $9.3 million in the second quarter, up 28.4% year over year. The increase in total revenues was due primarily to 27 of the company's 42 assets converting to management contracts in the first half of 2024. The change to management contracts resulted in Mobile Infrastructure recognizin ...
Mobile Infrastructure (BEEP) - 2024 Q2 - Earnings Call Transcript
2024-08-14 01:44
Mobile Infrastructure Corporation (NYSE:BEEP) Q2 2024 Results Conference Call August 13, 2024 4:30 PM ET Company Participants Casey Kotary - Investor Relations Manuel Chavez - Co-Chairman and Chief Executive Officer Stephanie Hogue - President Conference Call Participants Bryan Maher - B. Riley Marc Riddick - Sidoti Operator Good afternoon, and welcome to the Mobile Infrastructure Corporation Second Quarter 2024 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded. I wo ...
Mobile Infrastructure (BEEP) - 2024 Q2 - Quarterly Report
2024-08-13 20:18
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number: 001-40415 MOBILE INFRASTRUCTURE CORPORATION (Exact name of registrant as specified in its char ...
Mobile Infrastructure (BEEP) - 2024 Q2 - Quarterly Results
2024-08-13 20:05
Exhibit 99.1 Mobile Infrastructure Reports Second Quarter 2024 Financial Results —Net Asset Value Calculation of $7.25 Per Share as of Second Quarter-End— —Re-affirms Full Year 2024 Guidance for Strong Year-on-Year Growth— —Continued to Achieve Year-on-Year Progress Across Key Operating and Financial Metrics— —Conversion to Management Contracts Yielding Utilization and Cost Benefits— —Conference Call Will be Held Today at 4:30 PM ET— CINCINNATI—(BUSINESSWIRE)—Mobile Infrastructure Corporation (NYSE American ...
Zacks Initiates Coverage of Mobile Infrastructure With Neutral Recommendation
ZACKS· 2024-05-30 13:36
Zacks Investment Research has recently initiated coverage of Mobile Infrastructure Corporation (BEEP) , assigning a "Neutral" recommendation to the company's shares. This assessment comes amid a mixed outlook for the company, which has been focusing on acquiring, owning and leasing parking facilities across the United States despite industry challenges. Mobile Infrastructure, headquartered in Cincinnati, OH, has carved a niche in the parking infrastructure space across the United States. As of the end of 20 ...