2023-07-18 02:22:17 ET
- Nel ASA press release ( OTCPK:NLLSY ): Q2 GAAP EPS of -NOK 0.20.
- Revenue of NOK 475 million (+159.6% Y/Y).
- Order intake was NOK 428 million, up 81% year-on-year, positively impacted by the large fueling contract for 16 stations to be deployed in the US.
- At the end of the second quarter, the order backlog was at NOK 2 964 million, up 106% from Q2 2022.
- The cash balance was NOK 4 122 million at quarter end.
- "We continue to see positive developments due to increased production volumes and revenues from contracts with significantly improved terms," said Håkon Volldal, CEO of Nel.
For further details see:
Nel ASA GAAP EPS of -NOK 0.20, revenue of NOK 475M