Mobile Infrastructure (BEEP) Q2 Earnings and Revenues Improve Y/Y

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 ...