MultiSensor AI (NASDAQ:MSAI) Issues Earnings Results

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

MultiSensor AI Price Performance

NASDAQ MSAI traded down $0.22 during trading on Wednesday, reaching $1.73. The company’s stock had a trading volume of 25,920 shares, compared to its average volume of 77,375. The firm has a fifty day moving average of $2.03 and a 200 day moving average of $2.03. MultiSensor AI has a one year low of $1.51 and a one year 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.