Phoenix Motor reports Q2 results

seekingalpha

01 Nov 2024

Phoenix Motor press release (NASDAQ:PEV): Q2 Revenue of $12.03M.
Gross profit increased to $1.83 million, up from a gross loss of ($0.06) million in Q2 2023
Net loss improved to $2.26 million compared to a net loss of $3.18 million in Q2 2023
Cash and cash equivalents were $1.40 million as of June 30, 2024, up from $0.03 million on December 31, 2023
Total equity increased to $21.86 million as of June 30, 2024, up from negative equity of $4.84 million on December 31, 2023

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Gross profit increased to $1.83 million, up from a gross loss of ($0.06) million in Q2 2023 Net loss improved to $2.26 million compared...</p>\n<a href=\"https://seekingalpha.com/news/4231772-phoenix-motor-reports-q2-results\">Source Link</a>\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PEV","symbol_name":"PHOENIX MOTOR INC.","start_time":0,"source_url":"https://seekingalpha.com/news/4231772-phoenix-motor-reports-q2-results","article_id":"2480074698","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480074698","pubTimestamp":1730409090,"columns":[],"sourceInfo":{"source_id":"seekingalpha_trending_news","name":"Seeking Alpha Trending News"},"weMediaInfo":null,"summary":"Phoenix Motor press release : Q2 Revenue of $12.03M. 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