Wallbox (WBX) Reports Q4 Revenue of $31.3M

Wallbox (NYSE: WBX) reported Q4 revenue of $31.3 million versus the consensus estimate of $23.77 million.

Financial Outlook - First quarter and full year 2022:

The following reflects the company’s expectations for select key financial metrics for the first quarter and full-year 2022.

First quarter 2022

Expects first quarter 2022 revenue to be in the range of €26 and €28 million, representing an approximate quarterly year-over-year growth rate between 170% and 190%
Expects gross margin of approximately 37%

Full year 2022

Continues to expect full-year 2022 revenue in the range of €175 and €205 million euro, representing an approximate annual year-over-year growth rate of between 145% and 190%.

For earnings history and earnings-related data on Wallbox (WBX) click here.

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