Phoenix Motor Second Quarter 2024 Earnings: US$0.065 loss per share (vs US$0.15 loss in 2Q 2023)

Simply Wall St.

03 Nov 2024

Phoenix Motor (NASDAQ:PEV) Second Quarter 2024 Results

Key Financial Results

Revenue: US$12.0m (up by US$10.9m from 2Q 2023).
Net loss: US$2.26m (loss narrowed by 29% from 2Q 2023).
US$0.065 loss per share (improved from US$0.15 loss in 2Q 2023).

NasdaqCM:PEV Earnings and Revenue History November 3rd 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Phoenix Motor shares are down 18% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Phoenix Motor has 5 warning signs (and 4 which are potentially serious) we think you should know about.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Concerned about the content?</strong> <strong>Get in touch</strong><strong> with us directly.</strong><i> Alternatively, email editorial-team (at) simplywallst.com.</i><br/><br/><i>This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.</i><br/><br/></p></body></html>","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta content=\"text/html; charset=utf-8\" http-equiv=\"Content-Type\"/>\n<meta content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\" name=\"viewport\"/>\n<meta content=\"telephone=no,email=no,address=no\" name=\"format-detection\"/>\n<title>Phoenix Motor Second Quarter 2024 Earnings: US$0.065 loss per share (vs US$0.15 loss in 2Q 2023)</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPhoenix Motor Second Quarter 2024 Earnings: US$0.065 loss per share (vs US$0.15 loss in 2Q 2023)\n</h2>\n<h4 class=\"meta\">\n\n\n2024-11-03 21:54 GMT+8   <a href=\"https://finance.yahoo.com/news/phoenix-motor-second-quarter-2024-135457546.html\"><strong>Simply Wall St.</strong></a>\n</h4>\n</header>\n<article>\n<div>\n<p>Phoenix Motor (NASDAQ:PEV) Second Quarter 2024 Results\nKey Financial Results\n\nRevenue: US$12.0m (up by US$10.9m from 2Q 2023).\nNet loss: US$2.26m (loss narrowed by 29% from 2Q 2023).\nUS$0.065 loss per...</p>\n<a href=\"https://finance.yahoo.com/news/phoenix-motor-second-quarter-2024-135457546.html\">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://finance.yahoo.com/news/phoenix-motor-second-quarter-2024-135457546.html","article_id":"2480536416","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/5Vpve0Pc2F3m_L3fs2p_dQ--~B/aD02MzY7dz05NDU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/simply_wall_st__316/78a8c60a6283aea0450523395306d38c"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480536416","pubTimestamp":1730642097,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"NasdaqCM:PEV Earnings and Revenue History November 3rd 2024. All figures shown in the chart above are for the trailing 12 month  period. Phoenix Motor shares are down 18% from a week ago.You still need to take note of risks, for example - Phoenix Motor has   5 warning signs    we think you should know about.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"PEV":"PHOENIX MOTOR INC."},"translate_title":"凤凰汽车2024年第二季度收益：美国每股亏损0.065美元（美国2023年第二季度亏损0.15美元）","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PEV":0.9},"content_text":"Phoenix Motor (NASDAQ:PEV) Second Quarter 2024 Results\nKey Financial Results\n\nRevenue: US$12.0m (up by US$10.9m from 2Q 2023).\nNet loss: US$2.26m (loss narrowed by 29% from 2Q 2023).\nUS$0.065 loss per share (improved from US$0.15 loss in 2Q 2023).\n\n\n\n\n  NasdaqCM:PEV Earnings and Revenue History November 3rd 2024\n \n\nAll figures shown in the chart above are for the trailing 12 month (TTM) period\n Phoenix Motor shares are down 18% from a week ago. \nRisk Analysis\n You still need to take note of risks, for example - Phoenix Motor has   5 warning signs  (and 4 which are potentially serious)  we think you should know about. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}