Mobix Labs Says Q3 Revenue Grew 14% to $2.35M - Orange County Business Journal

Mobix Labs Says Q3 Revenue Grew 14% to $2.35M - Orange County Business Journal

Irvine-based Mobix Labs, a troubled maker of 5G semiconductors, said revenue climbed 14% to $2.35 million, “despite expected quarterly shipment timing variances.” Mobix Labs  said it “delivered one of its strongest quarters ever,” pointing out that its adjusted gross profit rose to $1.42 million in the third quarter, a 33% increase from $1.07 million in the prior quarter. The company’s quarterly report to the SEC repeated that management has “su…