Beam Global Announced Q2 New Orders Of $10.6M, Up 128% Year-Over-Year, In Europe, Beam Global Shipped Its First EV ARC Systems To Cyprus For The UK Ministry Of Defense
Portfolio Pulse from Benzinga Newsdesk
Beam Global announced Q2 new orders of $10.6M, up 128% year-over-year. The company also shipped its first EV ARC systems to Cyprus for the UK Ministry of Defense.
July 02, 2024 | 10:05 am
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Beam Global reported Q2 new orders of $10.6M, representing a 128% increase year-over-year. Additionally, the company shipped its first EV ARC systems to Cyprus for the UK Ministry of Defense.
The significant year-over-year increase in new orders and the international shipment to a high-profile client like the UK Ministry of Defense are positive indicators for Beam Global's growth and market expansion. This news is likely to boost investor confidence and positively impact the stock price in the short term.
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