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Microvast Holdings Q3 Adj. EPS $(0.20) Misses $0.02 Estimate, Sales $45.805M Miss $80.237M Estimate

Benzinga Newsdesk 5 hours ago

NewsEarningsEarnings Misses

Microvast Holdings (NASDAQ:MVST) reported quarterly losses of $(0.20) per share which missed the analyst consensus estimate of $0.02 by 1100 percent. This is a 600 percent decrease over earnings of $0.04 per share from

Microvast Holdings (NASDAQ:MVST) reported quarterly losses of $(0.20) per share which missed the analyst consensus estimate of $0.02 by 1100 percent. This is a 600 percent decrease over earnings of $0.04 per share from the same period last year. The company reported quarterly sales of $45.805 million which missed the analyst consensus estimate of $80.237 million by 42.91 percent. This is a 62.85 percent decrease over sales of $123.287 million the same period last year.

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