ADS-TEC Energy Reports Q1 Revenue Of €37M
Portfolio Pulse from Benzinga Newsdesk
ADS-TEC Energy plc (ADSE), a leader in ultra-fast charging technology, reported a Q1 revenue of €37M and an adjusted EBITDA of €1M for the quarter ended March 31, 2024.
May 14, 2024 | 12:51 pm
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ADS-TEC Energy reported a Q1 revenue of €37M and an adjusted EBITDA of €1M, indicating a positive start to 2024.
The reported revenue and EBITDA figures for Q1 2024 suggest a strong financial performance by ADS-TEC Energy, likely leading to positive investor sentiment and potentially a positive impact on the stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100