Microvast Reports First Quarter 2022 Financial Results

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Go back to Microvast Reports First Quarter 2022 Financial Results

Microvast Holdings (MVST) Misses Q1 EPS by 15c

May 16, 2022 5:19 PM EDT

Microvast Holdings (NASDAQ: MVST) reported Q1 EPS of ($0.15), $0.15 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $36.7 million versus the consensus estimate of $66.77 million.

2022 Outlook:

Microvast continues to expect revenue for the year ending December 31, 2022 (FY 2022) to grow 35% to 45% compared to the year... More