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

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

MultiSensor AI Stock Performance

Shares of 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 business has a 50 day moving average of $2.02 and a 200-day moving average of $2.03.

About MultiSensor AI

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.