Microvast Q3 2023 EPS $(0.06) Inline, Revenue $80.1M Beats $76.244M Estimate
Portfolio Pulse from Benzinga Newsdesk
Microvast reported Q3 2023 earnings per share (EPS) of $(0.06), which was in line with estimates. However, the company's revenue of $80.1M surpassed the estimate of $76.244M.
November 09, 2023 | 7:31 pm
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Microvast's Q3 2023 earnings were in line with expectations, but revenue exceeded estimates.
Microvast's earnings per share (EPS) for Q3 2023 were as expected, which indicates stable performance. However, the company's revenue exceeded estimates, which could be a positive signal to investors and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100