MultiSensor AI (NASDAQ:MSAI) Posts Quarterly Earnings Results, Misses Expectations By $0.20 EPS

MultiSensor AI (NASDAQ:MSAI) released its quarterly earnings results on Tuesday. The company reported ($0.22) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.20), Zacks reports. The business had revenue of $1.60 million for the quarter, compared to the consensus estimate of $4.50 million. MultiSensor AI had a negative net margin of 398.12% and a negative return on equity of 3,569.83%.

MultiSensor AI Stock Performance

Shares of MSAI stock traded down $0.23 during mid-day trading on Wednesday, hitting $1.72. The company’s stock had a trading volume of 19,689 shares, compared to its average volume of 77,348. The company’s fifty day simple moving average is $2.03 and its 200-day simple moving average is $2.03. MultiSensor AI has a 52 week low of $1.51 and a 52 week high of $14.00.

MultiSensor AI Company Profile

MultiSensor AI Holdings, Inc manufactures and distributes multi-sensor systems for thermographic and other use in various industrial applications in the United States and internationally. The company offers sensor devices ranging from small to large handheld designs with built-in displays and controls, fixed-mounted pan-tilt-zoom single- and multi-sensor camera standalone systems, and mobile multi-sensor payload and gimbal systems for unmanned aerial vehicles and unmanned ground vehicles.