Earnings Call Summary | Microvast(MVST.US) Q1 2024 Earnings Conference
Earnings Call Summary | Microvast(MVST.US) Q1 2024 Earnings Conference
The following is a summary of the Microvast Holdings, Inc. (MVST) Q1 2024 Earnings Call Transcript:
以下是 Microvast Holdings, Inc. (MVST) 2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Microvast reported a revenue of $81.4 million in Q1 2024, a 73% increase from the previous year.
There was an improvement in the company's gross margin from 10.9% to 21.2%, and an improvement in the adjusted gross margin to 22.6% YoY.
Operating expenses rose 13% to $40.9 million.
The GAAP net loss tightened, registering $24.8 million in 2024 compared to a net loss of $29.6 million in 2023.
Microvast報告稱，2024年第一季度的收入爲8140萬美元，比上年增長73％。
該公司的毛利率從10.9％提高到21.2％，調整後的毛利率同比提高至22.6％。
運營支出增長了13％，達到4,090萬美元。
公認會計准則淨虧損收緊，2024年爲2480萬美元，而2023年的淨虧損爲2960萬美元。
Business Progress:
業務進展：
The company successfully expanded its footprint in the American and European commercial vehicle market and broke into the Canadian market.
It ended Q1 with a backlog of $348.3 million.
Microvast has acquired new customers in the U.S. specialty vehicle market and the European e-trailer market.
The APAC and EMEA markets recorded a triple-digit YoY sales growth at 640% and 184%, respectively.
The company expects Q2 revenues to fall between $90 million and $98 million, mainly due to increased deliveries to its APAC and EMEA commercial vehicle customers.
該公司成功擴大了在美國和歐洲商用車市場的足跡，並打入了加拿大市場。
截至第一季度，它的積壓量爲3.483億美元。
Microvast在美國特種車輛市場和歐洲電動拖車市場獲得了新客戶。
亞太和歐洲、中東和非洲市場的銷售額同比增長了三位數，分別爲640％和184％。
該公司預計，第二季度收入將在9000萬美元至9800萬美元之間下降，這主要是由於向其亞太和歐洲、中東和非洲商用車客戶的交付量增加。
More details: Microvast IR
更多詳情： 微型紅外線
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譯文內容由第三人軟體翻譯。