Microvast Holdings Q3 2021 Financial Results: Revenue Exceeds Expectations

Monday, 1 April 2024, 21:18

Microvast Holdings has released its Q3 2021 financial results, reporting a revenue of $306.6M, surpassing expectations by $9.9M. The company's Non-GAAP EPS of -$0.13 was in-line with consensus estimates. The positive revenue performance indicates strong market demand and potential growth for Microvast Holdings in the coming quarters.
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Microvast Holdings Q3 2021 Financial Results: Revenue Exceeds Expectations

Microvast Holdings Q3 2021 Financial Results

Microvast Holdings has announced its financial results for the third quarter of 2021, revealing insights into its performance during the period.

Key Highlights:

  • Revenue Beat: Microvast Holdings reported a revenue of $306.6M, exceeding market expectations by $9.9M.
  • Non-GAAP EPS: The company's Non-GAAP EPS stood at -$0.13, aligning with consensus estimates.

The strong revenue performance showcases the company's resilience and market competitiveness, hinting at potential opportunities for investors and stakeholders.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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