MVST - Microvast Holdings reports Q3 results

Microvast Holdings (NASDAQ:MVST): Q3 GAAP EPS of -$0.22. Revenue of $30.7M (-16.8% Y/Y) Shares +2.4%. Press Release Based on current business conditions, business trends and other factors, Microvast is reaffirming its previous revenue outlook, and expects revenue for the year ending December 31, 2021 to be in the range of $145 million to $155 million. the Company expects some of its previously planned 2021 capital expenditures to move into early 2022. Total capital expenditures for the year ending December 31, 2021 are now expected to be in the range of $120 million to $150 million.

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Microvast Holdings reports Q3 results