Mobile Infrastructure Corporation·Real Estate

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Mobile Infrastructure Corporation (BEEP) Q1 2026 Earnings Call Transcript

Mobile Infrastructure Corporation (BEEP) came out with a quarterly loss of $0.1 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to a loss of $0.1 per share a year ago.

Mobile Infrastructure NASDAQ: BEEP reported first-quarter 2026 results that management said reflected progress on utilization, contract growth and asset sales, while reaffirming its full-year outlook.

Utilization Gains Underpin Improving Same-Location RevenueFifth Asset Sale Under Asset Rotation StrategyReduced Leverage with $12. 6 Million of PaydownsConference Call Will be Held on May 12, 2026, at 4:30 PM Eastern Time CINCINNATI, May 12, 2026 (GLOBE NEWSWIRE) -- Mobile Infrastructure Corporation (Nasdaq: BEEP), ("Mobile", "Mobile Infrastructure" or the "Company"), the nation's only publicly traded owner of parking infrastructure, today reported results for the three months ended March 31, 2026.

Utilization Gains Underpin Improving Same-Location RevenueFifth Asset Sale Under Asset Rotation StrategyReduced Leverage with $12.6 Million of PaydownsConference Call Will be Held on May 12, 2026, at 4:30 PM Eastern Time
Mobile Infrastructure Corporation is a Maryland corporation formed on May 4, 2015. The Company focuses on acquiring, owning and leasing parking facilities and related infrastructure, including parking lots, parking garages and other parking structures throughout the United States. The Company targets both parking garage and surface lot properties primarily in top 50 U.S. Metropolitan Statistical Areas (MSAs), with proximity to key demand drivers, such as commerce, events and venues, government and institutions, hospitality and multifamily central business districts. As of June 30, 2023, the Company owned 43 parking facilities in 21 separate markets throughout the United States, with a total of 15,676 parking spaces and approximately 5.4 million square feet. The Company also owns approximately 0.2 million square feet of retail/commercial space adjacent to its parking facilities.
Real Estate
Real Estate - General
18
2023-08-28
0.50