Earnings Call Summary | ESS Tech(GWH.US) Q1 2024 Earnings Conference
Earnings Call Summary | ESS Tech(GWH.US) Q1 2024 Earnings Conference
The following is a summary of the ESS Tech, Inc. (GWH) Q1 2024 Earnings Call Transcript:
以下是ESS Tech, Inc.（GWH）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
ESS Tech, Inc. reported Q1 2024 revenue of $2.7 million.
Their Q1 adjusted EBITDA was negative $15.4 million, representing an improvement year over year and showing progress towards profitability.
Aim for non-GAAP gross margin profitability by the end of the year.
Had $89.6 million in cash and short-term investments at the end of the quarter.
ESS Tech, Inc. 報告稱，2024年第一季度收入爲270萬美元。
他們第一季度調整後的息稅折舊攤銷前利潤爲負1,540萬美元，同比有所改善，並在盈利方面取得了進展。
目標是到年底實現非公認會計准則毛利率盈利能力。
截至本季度末，有8,960萬美元的現金和短期投資。
Business Progress:
業務進展：
Announced a new relationship with Sapele Power in Nigeria, aiming to better the effectiveness of Sapele's existing assets.
Demonstrated their technology's effectiveness through installations at Schiphol Airport and Burbank Water and Power. Additionally, a unit is being commissioned with SP Energy in Colorado.
Their inaugural Energy Center system passed the highest level of IEEE 693 certification and is qualified for deployment as critical infrastructure across the U.S.
Ordered their second automation line, to be operational early next year, aiming to increase capacity and lower costs.
Maintains its revenue growth expectations for the year, aiming to triple or quadrilateral based on their EW and EC shipment forecast.
宣佈與尼日利亞沙比勒電力公司建立新的合作關係，旨在提高沙比利現有資產的有效性。
通過在史基浦機場和伯班克水電站安裝設備，展示了其技術的有效性。此外，科羅拉多州的SP Energy正在調試一個機組。
他們的首個能源中心繫統通過了最高級別的IEEE 693認證，並有資格作爲關鍵基礎設施在美國進行部署。
訂購了第二條自動化生產線，該生產線將於明年初投入運營，旨在增加產能和降低成本。
維持其今年的收入增長預期，目標是根據其電動車和歐共體的出貨量預測實現三倍或四邊形。
More details: ESS Tech IR
更多詳情： ESS Tech 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：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。