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home / news releases / GWAV - Greenwave Technology sees 40% growth in second quarter's revenue

GWAV - Greenwave Technology sees 40% growth in second quarter's revenue

Greenwave Technology Solutions Inc
Greenwave Technology Solutions (NASDAQ:GWAV) stated Tuesday it expects its Q2 2022 revenue to increase by ~40% Y/Y and to generate positive cashflows from operating activities for the first half of the year. The company's Q1 2022 revenue was $9.92M, an increase of 66.91% from the $5.94M in revenue Empire Services generated in the same period in 2021. Greenwave, through its subsidiary Empire, operates 11 metal recycling facilities in Virginia and North Carolina. Press Release

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Greenwave Technology sees 40% growth in second quarter's revenue
Stock Information
Company Name: Greenwave Technology Solutions Inc
Stock Symbol: GWAV
Market: OTC
Website: greenwavetechnologysolutions.com
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