Earnings Call Summary | Energy Vault(NRGV.US) Q3 2024 Earnings Conference
Earnings Call Summary | Energy Vault(NRGV.US) Q3 2024 Earnings Conference
Despite a significant year-over-year drop in project revenue due to strategic focus on owning and operating projects, the third-quarter operating expenses decreased by 13% year-over-year, and 7% sequentially.The following is a summary of the Energy Vault Holdings, Inc. (NRGV) Q3 2024 Earnings Call Transcript:
以下是氫能源概念股控股公司（NRGV）2024年第三季度業績發佈會的摘要：
Financial Performance:
財務表現：
Energy Vault reported a revenue backlog of $350 million, a 33% increase from the last quarter, reflecting new contracts and agreements.
Gross margin for Q3 was reported at 40.3%, reflecting a favorable revenue mix.
Despite a significant year-over-year drop in project revenue due to strategic focus on owning and operating projects, the third-quarter operating expenses decreased by 13% year-over-year, and 7% sequentially.
氫能源概念股報告的營業收入積壓爲35000萬，較上個季度增長33%，反映新的合同和協議。
第三季度的毛利率報告爲40.3%，反映出有利的營業收入組合。
儘管由於戰略集中在擁有和運營項目上，項目營業收入大幅下降，但第三季度的營業費用同比下降了13%，環比下降了7%。
Business Progress:
業務進展：
Energy Vault is executing a 'build, own and operate' strategy for energy storage projects, extending into significant markets like the U.S. and Australia.
The company has achieved the mechanical completion of the world's largest hybrid green hydrogen energy storage system in Calistoga, California.
Energy Vault has been focusing on software and services as a significant component of its revenue, bringing in about $1.2 million in Q3.
氫能源概念股正在執行一種「建設、擁有和運營」的策略，專注於能源儲存項目，並延伸到美國和澳洲等重要市場。
公司已在加利福尼亞州卡利斯托加實現了全球最大的混合綠色氫能源儲存系統的機械完成。
能源 Vault一直專注於軟體和服務，這是其營業收入的重要組成部分，第三季度帶來了約120萬美元的收入。
Opportunities:
機會：
Expansion in Australia is prioritized with over 5 gigawatt hours of projects coming in the next 12 months.
The revenue diversification strategy includes retaining ownership of productive assets to create long-term value, such as the Calistoga Resiliency Center and Cross Trails project.
在澳洲的擴張優先推進，未來12個月將有超過5吉瓦時的項目開展。
營業收入多元化策略包括保留生產性資產的所有權，以創造長期價值，例如卡利斯托加彈性中心和十字小徑項目。
Risks:
風險：
Revenue recognition remains heavily reliant on the timely completion and operational commencement of new projects as exemplified by the delayed revenue from projects shifting to ownership model.
Financial risk persists as transitional quarterly revenues could impact overall financial performance and investor expectations.
收入確認仍然嚴重依賴新項目的及時完成和運營開始，正如延期收入從項目轉向所有權模式所示。
財務風險仍然存在，因爲過渡季度的營業收入可能會影響整體財務表現和投資者期望。
More details: Energy Vault IR
更多詳情：能源 Vault IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更全面的細節，請參閱IR網站。 文章僅供投資者參考，不構成任何指導或推薦建議。
譯文內容由第三人軟體翻譯。
