DCFC News and Press, Tritium DCFC Limited From 05/12/23

2023-05-12 14:01:47 ET Summary AI is here and powerful but profits are less certain. There are no real pure-plays. AI-adjacent companies have become overvalued. The frequency of bubbles is increasing along with the size to which they get inflated. Increased prevalenc...

2023-05-11 07:41:25 ET Tritium DCFC ( NASDAQ: DCFC ) gives prelim Q1 numbers , expects record revenue of $57M between January 1, 2023 and April 30, 2023, a Y/Y growth rate of 237%. The company set a new production record with ~3,200 units, nearly achieving the company’...

Financial information presented herein is preliminary and unaudited. Complete financial results for the fiscal year ended June 30, 2023 will be published by the Company on Form 20-F within the standard timeframes prescribed by applicable SEC and exchange rules. Results presented in this year-to-d...

Existing shareholders, St Baker and O-Corp, partnered in the capital investment. This funding package demonstrates strong investor support for Tritium’s market leading position and differentiated technology, buoyed by very strong growth in the EV market around the globe. BR...

TORRANCE, Calif., Nov. 29, 2022 (GLOBE NEWSWIRE) -- Tritium DCFC Limited (“Tritium” of the “Company”) (Nasdaq: DCFC), a global leader in direct current (“DC”) fast chargers for electric vehicles (“EVs”), today announced that Cary Segal...

MAYNOOTH, Ireland, Nov. 09, 2022 (GLOBE NEWSWIRE) -- EasyGo, the largest private car charging network in Ireland used by more than 30,000 drivers across 2,400 existing charge points, today announced, at the Business Post EV Summit at the RDS Arena, a multi-million Euro investment in new fas...

Summary Tritium finished FY22 with revenues of $85.8 million and sales for the calendar year are expected to stand at around $125 million. However, the gross profit was still negative in FY22 while EBITDA came in at minus $91.3 million. The gross margin barely improved in FY22...

Summary Tritium has fallen substantially due to business model reporting negative gross margins. The DCFC charging station company has the potential to report fast growth with improving margins due to constrained costs. Investors should avoid the stock until the financial situ...

New ChargeNet Stations Technology Out to Democratize EV Charging ChargeNet Stations , an electric vehicle (EV) fast-charging station development and software company, in partnership with Taco Bell franchisee Diversified Restaurant Group (DRG), opens its first ultra-fast ...

What Did The Stock Market Do Today? – September 28, 2022 Edition If you were trading penny stocks or higher-priced names, you likely saw another active day of trading. Unlike yesterday’s bearish rout, the stock market today saw a surge in bullish buying. Some speculate...