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Mobix Labs (MOBX) Plans Facility Expansion, Names New General Manager
Yahoo Finance· 2026-01-16 15:26
Group 1 - Mobix Labs, Inc. (NASDAQ:MOBX) is recognized as one of the best semiconductor penny stocks to buy currently [1] - The company has appointed Amir Asvadi as the General Manager for its EMI product line and defense manufacturing operations, leveraging his extensive experience in the defense and aerospace sectors [1][2] - Mobix Labs is expanding its defense manufacturing facilities and aims to grow its EMP product line, with Asvadi's leadership expected to enhance operational execution [2] Group 2 - The company plans to relocate to a larger, military-approved facility to increase production capacity and meet rising demand [3] - This new facility will consolidate the company's West Coast operations, improving production, manufacturing, and overall operational efficiency [3] - Mobix Labs specializes in advanced connectivity solutions for aerospace, defense, AI, and 5G infrastructure markets [4]
DigitalBridge and Crestview Partners Complete Take-Private Acquisition of WideOpenWest (WOW!)
Prnewswire· 2025-12-31 14:09
Core Insights - DigitalBridge Group, Inc. and Crestview Partners have completed a $1.5 billion take-private acquisition of WideOpenWest, Inc. (WOW!), a leading provider of fiber-broadband internet services in the U.S. [1][3] - WOW! shareholders will receive $5.20 in cash per share, and the transaction has an enterprise value of approximately $1.5 billion, resulting in WOW! common stock no longer being traded on public exchanges [3] Company Overview - DigitalBridge is a global alternative asset manager focused on digital infrastructure, managing $108 billion in assets across various sectors including cell towers, data centers, and fiber [6] - Crestview Partners is a private equity firm with over $10 billion in capital commitments, specializing in middle-market investments across media, industrials, and financial services [7] - WOW! provides high-speed internet, cable TV, home phone, mobile phone, and cloud services in 20 markets across the U.S., including states like Michigan, Alabama, and Florida [8] Strategic Goals - DigitalBridge aims to invest in network and customer experience enhancements, operational excellence, and deliver a superior connected experience through WOW!'s networks [2] - Crestview believes that as a private company, WOW! will gain strategic flexibility and resources to compete more effectively and pursue long-term growth [3]
Mobix Labs Posts Record Margin, Strong Gross Profit Growth, and Major Operating Gains in Third Quarter 2025
Globenewswire· 2025-08-13 21:07
Core Insights - Mobix Labs achieved record adjusted gross margins of 60.6%, significantly up from 42.7% in the previous quarter and 40.3% year-over-year, indicating a strong shift towards higher-margin products and improved operational efficiency [5][11] - The company reported adjusted gross profit of $1.42 million for Q3 2025, reflecting a 32.7% increase from $1.07 million in the prior quarter and a 71.1% increase from $0.83 million year-over-year [5][11] - Year-over-year revenue growth reached $2.35 million, a 14.2% increase compared to $2.06 million in Q3 2024, demonstrating strong demand despite shipment timing variances [5][11] - The adjusted loss from operations improved to $1.17 million, a 64.2% reduction from the $3.27 million loss in the prior quarter [5][11] - For the first nine months of fiscal 2025, adjusted gross profit surged to $4.21 million, up 239.5% from $1.24 million in the same period last year, with adjusted gross margin expanding to 52.4% from 35.6% [5][11] Recent Business Highlights - The integration of RaGE Systems is enabling Mobix Labs to deliver faster, turnkey solutions, enhancing its position in aerospace and defense markets [5] - The company has expanded its relationships with top-tier defense contractors, positioning itself for multi-year program opportunities [5] - Mobix Labs announced an unsolicited proposal to acquire Peraso, Inc. at a 20% premium to its 30-day average share price, indicating a strategic commitment to market expansion and revenue growth [5] - The ongoing focus on expanding product offerings in RF/mmWave, EMI filtering, and next-generation connectivity is creating a robust pipeline for high-margin solutions in emerging 5G, aerospace, and defense applications [5]