Mobix Labs Shares Mid-Quarter Business Update; Projects Revenue Increase Of More Than 70% Sequential Growth To More Than $2M

Projects revenue increase of more than 70% sequential growth to more than $2 million

Successful execution of second acquisition in five months

Today, Mobix Labs Inc. (NASDAQ:MOBX), a leader in advanced connectivity solutions, today announced a mid-quarter business update.

Keyvan Samini, President and CFO of Mobix Labs, commented, "I am pleased to share that Mobix Labs is poised for a substantial revenue increase of over 70% sequentially this quarter, surpassing $2 million. This remarkable growth stems largely from our successful acquisition of RaGE Systems, which has significantly bolstered our revenue. Looking ahead, we anticipate further growth in our market presence and revenue, driven by strategic acquisitions and robust product sales."