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Microvast Reports Third Quarter 2023 Financial Results

Microvast Reports Third Quarter 2023 Financial Results
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Microvast Reports Third Quarter 2023 Financial Results

Revenue increased 107.5% year over year to $80.1 million

Achieved record backlog of $678.7 million, up 382.7% year over year

Gross margin increased from 5.2% to 22.3%, a 17.1 percentage point. ....

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Microvast Reports Second Quarter 2023 Financial Results

Revenue increased 16.4% year over year to $75.0 million, exceeding guidance

Achieved record backlog of $675.9 million, up 541.9% year over year

Gross margin increased from 7.5% to 15.3%, a 7.8. ....

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Microvast Reports First Quarter 2023 Financial Results

HOUSTON (BUSINESS WIRE) Microvast Holdings, Inc. (NASDAQ:MVST) ("Microvast" or the "Company"), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, today ....

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Arkansas Lawmakers Press DOE on $200M Grant for CCP-Linked Company

The Republican Arkansas delegation is demanding answers from the DEO for awarding a $200 million grant to a company linked to the CCP. ....

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