12-Nov-2024 4:00 PM CST - Business Wire Microvast Reports Third Quarter 2024 Financial Results Microvast Holdings, Inc. (NASDAQ: MVST) (Microvast or the Company), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, today announced unaudited condensed consolidated financial results for the third quarter ended September 30, 2024 (Q3 2024). Results for Q3 2024 Revenue of $101.4 million, compared to $80.1 million in Q3 2023, an increase of 26.6% Gross margin increased to 33.2% from gross margin of 22.3% in Q3 2
12-Nov-2024 4:00 PM CST - Business Wire Microvast Reports Third Quarter 2024 Financial Results Microvast Holdings, Inc. (NASDAQ: MVST) (Microvast or the Company), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, today announced unaudited condensed consolidated financial results for the third quarter ended September 30, 2024 (Q3 2024). Results for Q3 2024 Revenue of $101.4 million, compared to $80.1 million in Q3 2023, an increase of 26.6% Gross margin increased to 33.2% from gross margin of 22.3% in Q3 2
