Streetbeat News

MIGI

Mawson Infrastructure Group, Inc.

https://www.mawsoninc.com

Industry

Financial - Capital Markets

Mawson Infrastructure Group Inc., a digital infrastructure provider, operates in cryptocurrency mining in the United States and Australia. It owns and operates modular data centers. The company is based in North Sydney, Australia.

Open

1.65

Mkt cap

34M

Volume

810K

High

1.98

P/E Ratio

-0.59

52-wk high

4.40

Low

1.62

Div yield

N/A

52-wk low

0.51

Mawson Infrastructure Group Inc. (NASDAQ: MIGI) will present at the Roth 13th Annual Technology Conference in New York City on November 19-20, 2024. The company's CEO and leadership team will attend, highlighting their focus on AI, HPC, and digital assets.

Portfolio Pulse from

November 19, 2024 | 2:30 pm

Mawson Infrastructure Group Inc. reported significant growth in its Q3 2024 financial results, with a 222% year-over-year increase in its Digital Colocation Business revenue and a 33% increase in its Energy Management Business revenue. Overall, the company's total revenue increased by 50% year-to-date.

Portfolio Pulse from

November 14, 2024 | 1:45 pm

Mawson Infrastructure Group reported a 65% YoY increase in revenue for September 2024, reaching $4.15M. The company saw significant growth in its energy management and digital colocation businesses. Mawson completed Phase 1 construction at its Ohio facility, aiming to boost capacity to 153 MW.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 12:49 pm

Software companies' shares are trading higher, potentially due to market strength driven by NVIDIA and UnitedHealth Group.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 5:28 pm

Mawson Infrastructure Group Inc. (NASDAQ:MIGI) reported a 27% month-on-month revenue growth in August 2024, reaching $4.44 million. The company is expanding into AI and HPC colocation markets, signing a significant 6-year AI customer colocation agreement. Mawson's expansion into Ohio and Pennsylvania enhances its presence in the PJM market, focusing on sustainable energy solutions.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 10:05 am

Mawson Infrastructure has expanded its lease in Ohio to increase its capacity to 153 megawatts, aiming to boost its AI and HPC growth. The company is also seeking additional collaboration partners in AI and HPC.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 12:51 pm

HC Wainwright & Co. analyst Kevin Dede has reiterated a Neutral rating on Mawson Infrastructure Group (NASDAQ:MIGI).

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 11:58 am

Mawson Infrastructure Group (NASDAQ:MIGI) reported a significant improvement in its Q2 financial results, with EPS losses narrowing to $(0.55) from $(1.12) YoY and sales increasing by 24.26% to $13.11 million.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 9:22 pm

Mawson Infrastructure Group shares are trading higher after the company announced it signed a binding AI/HPC colocation business agreement with BE Global Development.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 12:51 pm

Mawson Infrastructure Group has signed an AI/HPC colocation agreement with a potential revenue of $285 million over six years. Additionally, the company has signed a Letter of Intent (LOI) to expand its colocation business to 144 MW, positioning itself as a key player in AI and HPC digital infrastructure.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 12:46 pm

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