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

1.89

Mkt cap

36M

Volume

876K

High

1.94

P/E Ratio

-0.45

52-wk high

4.40

Low

1.79

Div yield

N/A

52-wk low

0.46

Mawson Infrastructure has announced the appointment of Ryan Costello as the Chair of its Board of Directors, effective April 9, 2024. This strategic move could signal a new direction or reinforce the company's commitment to its current strategy.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 9:17 pm

In Wednesday's pre-market session, 12 Information Technology stocks showed significant movement. Notably, Marin Software (MRIN) surged by 85.7%, while Ascent Solar Technologies (ASTI) plummeted by 50.6%. Other notable movers include Nano Labs (NA) and VIA optronics (VIAO), with substantial gains and losses respectively.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 12:09 pm

HC Wainwright & Co. analyst Kevin Dede has reiterated a Buy rating on Mawson Infra Gr (NASDAQ:MIGI) and maintained a $3 price target.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 10:03 am

Mawson Infra Gr (NASDAQ:MIGI) reported Q4 earnings with a loss of $(0.76) per share, missing the $(0.73) estimate, but sales of $14.02M exceeded the $9.75M forecast. This represents a 43.28% decrease in losses and a 16.82% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 2:28 pm

Cantor Fitzgerald analyst Josh Siegler reiterated a Neutral rating on Mawson Infra Gr (MIGI) and maintained a $1 price target.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 1:01 pm

Mawson Infra Gr (MIGI) reported Q4 sales of $14.02M, surpassing the $9.75M estimate, marking a 43.79% beat but a 16.81% decrease from last year's $16.85M. The company produced 193 BTC in the quarter.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 10:10 am

Mawson Infrastructure Group Inc. (NASDAQ:MIGI) announced a 30% growth in its co-location services business, expanding to about 25,284 miners or 82 MW. This includes a new agreement with Consensus Technology Group LLC, adding approximately 5,880 miners or 20 MW. The expansion follows three successful co-location customer agreements since Q4, 2023, showcasing Mawson's operational and technological excellence in digital infrastructure.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 12:52 pm

In Tuesday's pre-market session, several information technology stocks showed significant movement. Notably, LeddarTech Holdings, Mercurity Fintech Holding, The9, OMNIQ, SoundHound AI, and Mawson Infra Gr were among the gainers, with increases ranging from 6.32% to 18.1%. Conversely, WiSA Technologies, Dave, Intellicheck, Abits Group, Movella Holdings, and Bit Origin experienced declines between 4.83% and 28.7%. Intellicheck's drop was highlighted alongside its Q4 earnings release.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 1:05 pm

In Wednesday's pre-market session, 12 Information Technology stocks showed significant movements. Notably, Oblong (OBLG) surged 77.9%, while Verb Tech (VERB) dropped 15.9%. Kingsoft Cloud Holdings (KC) and JinkoSolar Holding Co (JKS) released their Q4 earnings, influencing their stock prices.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 1:05 pm

Mawson Infrastructure Group reported a total revenue of $5.42M for February 2024, marking a significant increase of 141% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 12:52 pm

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