8-K
filed August 9, 2024, 7:59 PM ET
ticker MVST
CIK 0001760689
earnings
confidence high
sentiment negative
materiality 0.70
Microvast Q2 revenue rises 11.6% to $83.7M but net loss widens to $78.4M
Microvast Holdings, Inc.
2024-Q2 EPS reported
-$0.33
revenue$165,026,000
- Record Q2 revenue $83.7M (+11.6% YoY); gross margin rose 17.2 ppt to 32.5%.
- Net loss widened to $78.4M ($0.25 loss per share) from $26.1M ($0.08) YoY.
- Non-GAAP adjusted net loss per share $0.21 vs $0.02; Adjusted EBITDA -$55.3M vs -$4.2M.
- Q3 2024 revenue guidance $85M-$90M (6-12% YoY growth); gross margin target 25%.
- Shifting US ESS focus to LFP batteries; exploring sale of non-core real estate for liquidity.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001760689-24-000024
- form_type
- 8-K
- ticker
- MVST
- cik
- 0001760689
- company_name
- Microvast Holdings, Inc.
- filed_at
- 2024-08-09T23:59:59+00:00
- discovered_at
- 2026-05-14T18:03:14.439136+00:00
- generated_at
- 2026-05-31T10:27:34.307443+00:00
- sec_items
- ["2.02", "9.01"]
- event_type
- earnings
- sentiment
- negative
- materiality_score
- 0.7
- calibrated_materiality_score
- 0.7
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001760689-24-000024
- json_url
- https://secwatch.observer/filing/0001760689-24-000024.json
- markdown_url
- https://secwatch.observer/filing/0001760689-24-000024.md
- text_url
- https://secwatch.observer/filing/0001760689-24-000024.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1760689/000176068924000024/0001760689-24-000024-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1760689/000176068924000024/mvst-20240808.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
- false
- correction_note
- null
- correction_timestamp
- null
- superseded_by
- null
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