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Microvast Holdings Q2 Adj. EPS $0.05 Beats $0.01 Estimate, Sales $91.339M Miss $106.785M Estimate

Benzinga Newsdesk 1 year ago

EarningsEarnings BeatsEarnings MissesNews

Microvast Holdings (NASDAQ:MVST) reported quarterly earnings of $0.05 per share which beat the analyst consensus estimate of $0.01 by 233.33 percent. This is a 123.81 percent increase over losses of $(0.21) per share

Microvast Holdings (NASDAQ:MVST) reported quarterly earnings of $0.05 per share which beat the analyst consensus estimate of $0.01 by 233.33 percent. This is a 123.81 percent increase over losses of $(0.21) per share from the same period last year. The company reported quarterly sales of $91.339 million which missed the analyst consensus estimate of $106.785 million by 14.46 percent. This is a 9.16 percent increase over sales of $83.675 million the same period last year.

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