Microvast Holdings Q2 Adj. EPS $(0.01) Misses $0.01 Estimate, Sales $87.262M Miss $94.403M Estimate
Microvast Holdings (NASDAQ:MVST) reported quarterly losses of $(0.01) per share which missed the analyst consensus estimate of $0.01 by 200 percent. This is a 120 percent decrease over earnings of $0.05 per share from
Microvast made less money than experts thought it would this quarter—both in profits and sales. When a company misses what people expected, it can signal that the business isn't growing as fast as hoped, so it's worth watching how they do next time.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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