Microvast Holdings (MVST) Misses Q1 EPS by 15c
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Microvast Reports First Quarter 2022 Financial Results
May 16, 2022 5:18 PM EDTSTAFFORD, Texas--(BUSINESS WIRE)-- Microvast Holdings, Inc. (NASDAQ: MVST) (Microvast or the Company), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, today announced unaudited condensed consolidated financial results for the first quarter ended March 31, 2022 (Q1 2022).
Our first quarter revenue performance exceeded our expectations and our order book looks very strong, said Craig Webster, Microvasts Chief Financial Officer. Looking forward, we are focused on sales growth throughout the year, growing our multi-year order book and executing on our capacity expansion plans, which are well underway and fully funded from our cash on... More
