Microvast Stock Is Soaring Wednesday: Here's Why
Microvast Stock Is Soaring Wednesday: Here's Why
Microvast ended the quarter with $115 million in cash, cash equivalents, restricted cash and short-term investments.Microvast Holdings Inc (NASDAQ:MVST) shares are soaring Wednesday morning on the heels of the company's third-quarter financial results. Here's what you need to know.
Microvast控股公司（納斯達克：MVST）的股價在公司第三季度財務業績出爐後周三上漲。以下是您需要了解的內容。
What To Know: Microvast reported third-quarter revenue of $101.4 million, beating analyst estimates of $99.7 million, according to Benzinga Pro. The company reported third-quarter adjusted earnings of 5 cents per share, beating analyst estimates for a loss of 7 cents per share.
重點了解：Microvast第三季度營業收入爲10140萬美元，超過了分析師對9970萬美元的估計，據彭博專業版報道。公司報告第三季度調整後每股收益爲5美分，超過了分析師對每股虧損7美分的估計。
Total revenue was up 26.6% on a year-over-year basis. Gross margin increased to 33.2% in the quarter, up from 22.3% in the prior year's quarter. The company reported $28.6 million of adjusted EBITDA in the quarter.
總營業收入同比增長26.6%。毛利率提高至第三季度的33.2%，較去年同期的22.3%有所增長。該公司報告第三季度調整後息稅折舊及攤銷前利潤（EBITDA）爲2860萬美元。
Microvast ended the quarter with $115 million in cash, cash equivalents, restricted cash and short-term investments.
Microvast季末現金及現金等價物、受限制現金和短期投資總額達11500萬美元。
What's Next: Microvast expects fourth-quarter revenue to be in the range of $90 million to $95 million. The company is targeting revenue growth of 15% to 18% for full-year 2024.
接下來怎麼辦：Microvast預計第四季度營業收入在9000萬美元至9500萬美元的區間內。該公司計劃2024年全年營收增長15%至18%。
Microvast said it's working on bolstering its revenue streams through continued strategic partnerships and improving products to support the global energy transformation. The company is also focused on sustaining profitability through regional efficiency improvements and leveraging established business segments to improve liquidity and financial strength.
Microvast表示，通過持續戰略合作伙伴關係和改進產品以支持全球能源轉型，公司正在努力強化其營收來源。該公司還專注於通過區域效率改進和利用已建立的業務領域提高流動性和財務實力來持續盈利。
MVST Price Action: Microvast shares were up 370% at 85 cents at the time of publication Wednesday, per Benzinga Pro.
MVSt股價表現：根據彭博專業版消息，Microvast股價在週三發佈時上漲了370%，至每股85美分。
Photo: courtesy of Microvast.
圖片：由Microvast提供。
譯文內容由第三人軟體翻譯。
