Microvast Holdings, Inc. (NASDAQ:MVST) Q3 2023 Earnings Call Transcript November 9, 2023 Microvast Holdings, Inc. misses on earnings expectations. Reported EPS is $-0.08345 EPS, expectations were $-0.06. Operator: Thank you for standing by. This is the conference operator. Welcome to the Microvast Third Quarter 2023 Earnings Call. As a reminder, all participants are in a […]
Microvast Reports Third Quarter 2023 Financial Results lelezard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lelezard.com Daily Mail and Mail on Sunday newspapers.
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.