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Mobile Infrastructure Corporation - $BEEP STOCK NEWS

Welcome to our dedicated page for Mobile Infrastructure Corporation news (Ticker: $BEEP), a resource for investors and traders seeking the latest updates and insights on Mobile Infrastructure Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Mobile Infrastructure Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Mobile Infrastructure Corporation's position in the market.

News
Mobile Infrastructure Announces Timing of First Quarter 2024 Earnings Release and Conference Call
Rhea-AI Summary
Mobile Infrastructure (BEEP) will release its first quarter 2024 earnings on May 15, 2024, after the U.S. market closes. The conference call with senior management will be held on the same day at 4:30 PM Eastern Time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.71%
Tags
earnings
-
News
Mobile Infrastructure Reports Fourth Quarter 2023 Financial Results
Rhea-AI Summary
Mobile Infrastructure Corporation (BEEP) reported strong performance in Q4 and full-year 2023, with net operating income up by 27%. The company converted two-thirds of its portfolio to management contracts, leading to accelerating organic revenue growth. Total revenue for Q4 was $7.9 million, a 14.3% increase from the prior year, while NOI was $5.5 million, a 27.7% increase. Adjusted EBITDA was $3.4 million, a 36.5% increase. The company ended the year with $17.0 million in cash and reduced total debt outstanding to $192.9 million. The outlook for 2024 includes revenue ranging from $38 million to $40 million and NOI ranging from $22.5 million to $23.25 million, driven by operational efficiencies and market-specific offerings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.93%
Tags
earnings
-
News
Mobile Infrastructure Announces Timing of Fourth Quarter 2023 Earnings Release and Conference Call
Rhea-AI Summary
Mobile Infrastructure Corporation (BEEP) will release its fourth-quarter 2023 earnings on March 14, 2024, followed by a conference call with senior management. Investors can join the call by dialing 1-866-652-5200 or 1-412-317-6060 internationally. A live webcast will be available on the company's website, with an archive accessible until June 14, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
News
Mobile Infrastructure Reports Third Quarter 2023 Financial Results
Rhea-AI Summary
Mobile Infrastructure Corporation (NYSE American: BEEP) reported completing a merger transaction with Fifth Wall Acquisition Corp. III and listing on the NYSE American, repaid $25 million of debt in the third quarter, and experienced non-recurring, non-cash charges impacting net income. The company also plans to convert from lease to management contracts in 2024 to clarify asset performance and facilitate incremental returns.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.12%
Tags
earnings
-
News
Fifth Wall Acquisition Corp. III Completes Business Combination With Mobile Infrastructure Corporation
Rhea-AI Summary
Mobile Infrastructure Corporation goes public through a merger with Fifth Wall Acquisition Corp. III. The combined company will operate under the name Mobile Infrastructure Corporation and will trade on the NYSE under the ticker symbol 'BEEP'. A PIPE investment provided an additional $46 million of capital. No Street Capital and affiliates invested an additional $40 million via the PIPE.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-100%
Tags
acquisition
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News
Mobile Infrastructure Corporation Completes Public Listing Following Merger with Fifth Wall Acquisition Corp. III
Rhea-AI Summary
Mobile Infrastructure Corporation goes public via merger with Fifth Wall Acquisition Corp. III, valued at $15.00 per share. Revenue model implemented for increased contribution margins. PIPE investment provides $46 million of capital. CEO expects significant shareholder value in 2024 and beyond. Mobile Infrastructure plans to be highly acquisitive with a robust acquisition pipeline. Up-C structure offers favorable tax treatment. Company moved headquarters to Cincinnati for operational enhancements. First half of 2023 shows revenue growth of 3.6% and property level Net Operating Income growth of 11.3%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-100%
Tags
acquisition
Stock BEEP logo
Mobile Infrastructure Corporation

NYSE:BEEP

BEEP Rankings

#4242 Ranked by Market Cap
#5009 Ranked by Stock Gains
N/A Ranked by Dividends

BEEP Stock Data

108.11M
11.63M
28.25%
41.7%
0.01%
Facilities Support Services
Administrative and Support and Waste Management and Remediation Services
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United States of America
CINCINNATI