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

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

MultiSensor AI Stock Performance

NASDAQ:MSAI opened at $1.83 on Thursday. MultiSensor AI has a 12-month low of $1.51 and a 12-month high of $14.00. The stock’s 50 day moving average price is $2.02 and its two-hundred day moving average price is $2.03.

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.