Tritium Posts 1H FY23 Revenue Of $112M Vs. $29M Last Year
Portfolio Pulse from Benzinga Newsdesk
Tritium, a manufacturer of DC fast charging (DCFC) equipment for electric vehicles, reported a 1H FY23 revenue of $112M, a significant increase from $29M in the previous year.
September 21, 2023 | 9:55 am
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POSITIVE IMPACT
Tritium's significant revenue growth may indicate a strong market for DC fast charging, potentially benefiting DCFC.
Tritium's revenue growth is a positive indicator for the DC fast charging market. As a player in this market, DCFC could potentially benefit from this trend. However, the direct impact on DCFC would depend on its market share and competitive position.
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