Microvast Sees Q3 Revenue $72M-$80M, Sees FY23 Revenue $348M-$368M
Portfolio Pulse from Benzinga Newsdesk
Microvast has projected its Q3 revenue to be between $72M and $80M. The company also forecasts its FY23 revenue to be in the range of $348M to $368M.
August 07, 2023 | 9:23 pm
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Microvast has provided a revenue forecast for Q3 and FY23. This could potentially influence investor sentiment and the company's stock price.
Revenue forecasts are a key indicator of a company's financial health and future prospects. While the news does not indicate whether the forecast is positive or negative compared to previous periods or expectations, it is highly relevant to investors. The impact on the stock price will depend on how the market interprets this information.
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IMPORTANCE 75
RELEVANCE 100