Envirotech Vehicles Reported Q1 Sales of $810.5M Vs $523.2M YoY, Adj EPS Loss of $(0.07) Vs $($0.14) YoY
Portfolio Pulse from Benzinga Newsdesk
Envirotech Vehicles reported Q1 sales of $810.5 million, a significant increase from $523.2 million year-over-year. The company also reported an adjusted EPS loss of $(0.07), an improvement from $(0.14) year-over-year.
May 20, 2024 | 10:39 am
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Envirotech Vehicles reported Q1 sales of $810.5 million, up from $523.2 million YoY. Adjusted EPS loss improved to $(0.07) from $(0.14) YoY.
The significant increase in sales and the improvement in adjusted EPS loss indicate positive financial performance for Envirotech Vehicles. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100