Wallbox Announces Preliminary Estimated Q2 2024 Revenue of ~€49M, Up By 50% YoY
Portfolio Pulse from Benzinga Newsdesk
Wallbox (NYSE:WBX) announced preliminary Q2 2024 revenue of approximately €49 million, marking a 50% year-over-year increase. The US market was a significant growth driver with a 65% YoY revenue increase. Detailed financial results will be released on August 1, 2024.
July 08, 2024 | 10:51 am
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Wallbox announced preliminary Q2 2024 revenue of €49 million, a 50% YoY increase, driven by strong US market performance. Detailed results will be released on August 1, 2024.
The significant year-over-year revenue growth and strong performance in the US market are positive indicators for Wallbox's financial health. Investors are likely to respond positively to the preliminary results, anticipating strong detailed results on August 1, 2024.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100