Microvast Q3 Revenue $80.1M vs $76.244M Est.
Portfolio Pulse from Benzinga Newsdesk
Microvast reported Q3 revenue of $80.1M, surpassing the estimated $76.244M.
November 09, 2023 | 9:26 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Microvast's Q3 revenue exceeded expectations, which could positively impact the company's stock.
Microvast's Q3 revenue exceeded the estimated $76.244M, coming in at $80.1M. This outperformance could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100