BEEP Mobile Infrastructure
Price Chart
Executive Summary
Mobile Infrastructure reported Q1 2026 EPS of -$0.19, a 58.3% miss vs consensus of -$0.12, with total revenue of $7.9M declining 3.7% YoY. The net loss widened to -$7.8M from -$4.3M due to $2.0M loss on debt extinguishment and $1.1M loss on asset sale, though Same-Location NOI grew 4.4% and Adjusted EBITDA rose 8.7%. The company reiterated full-year 2026 guidance of $35M-$38M revenue and $15M-$16.5M Adjusted EBITDA, but the EPS miss and revenue decline signal ongoing operational challenges.
Key Financial Metrics
Actionable Insight
The EPS miss and revenue decline are likely to pressure BEEP shares near-term, despite positive Same-Location NOI growth. Monitor the asset rotation program's pace and any updates on share repurchases; the reiterated guidance provides a floor but execution risk remains high given the widening net loss.
Key Facts
- EPS of -$0.19 missed consensus of -$0.12 by 58.3%
- Total revenue of $7.9M declined 3.7% YoY from $8.2M
- Net loss widened to -$7.8M from -$4.3M YoY, driven by $2.0M loss on debt extinguishment and $1.1M loss on asset sale
- Same-Location NOI grew 4.4% to $4.6M; Adjusted EBITDA rose 8.7% to $3.0M
- Asset rotation program: cumulative proceeds exceeded $30M toward $100M target; $12.6M debt paydown in Q1
- Full-year 2026 guidance reiterated: revenue $35M-$38M, NOI $21.5M-$23.0M, Adjusted EBITDA $15.0M-$16.5M
- Contract parking volumes grew ~6% YoY; transient volumes up ~3%
- Total debt outstanding $200.0M; cash and restricted cash $14.2M
Financial Impact
EPS miss of 58.3% vs consensus; revenue decline of 3.7% YoY; net loss increase of 79.7% YoY
Risk Factors
- Continued revenue decline from asset sales may outpace NOI growth from remaining portfolio
- High debt load ($200M) and interest expense ($5.1M) strain cash flow
- Asset rotation program may not achieve targeted $100M proceeds or favorable cap rates
- Widening net loss could lead to further dilution or covenant issues
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3293361 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 26, 2026
14d ago
|
8-K
| $2.06 $2.29 | ▲ +11.16% | ▲ +9.96% | $1.85 (−10.19%) |
|
May 12, 2026
28d ago
|
Press Release
| $1.94 $2.25 | ▼ −16.28% | ▼ −17.44% | $1.85 (+4.39%) |
|
Apr 27, 2026
6w ago
|
8-K
| $2.15 $1.88 | ▼ −12.56% | ▼ −14.25% | $1.85 (−13.95%) |
|
Apr 23, 2026
6w ago
|
DEFA14A
| $2.20 $1.84 | ▼ −16.36% | ▼ −17.27% | $1.85 (−15.91%) |
|
Mar 2, 2026
14w ago
|
Press Release
| $3.06 $2.59 | ▼ −15.36% | ▼ −14.88% | $1.85 (−39.54%) |
|
Feb 24, 2026
15w ago
|
8-K
| $3.10 $3.06 | ▼ −1.29% | ▼ −0.19% | $1.85 (−40.32%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access