Microvast Holdings, Inc. is preparing to announce its Q1 2025 earnings on May 7, 2025. This report is particularly anticipated as the company has projected a significant revenue boost. According to in.marketscreener.com, the company expects Q1 revenues to hit between $90 million and $98 million, representing about a 25% increase compared to the previous year.
In the last quarter of 2024, Microvast reported a GAAP net loss of $24.8 million, which was an improvement from the $29.6 million net loss in Q4 2023. The company is striving for growth and efficiency, with forecasts to maintain a growth margin between 20% and 25%, reports Investing.com. Additionally, they plan to introduce new battery cell technology from their Huzhou facility, while anticipating substantial revenue growth in the EMEA region for Q2 2024.
Microvast continues to diversify its focus. The company is venturing into more commercial vehicle projects and working on securing financing for its Clarksville facility. As of May 9, 2025, Microvast's stock (MVST) is trading at $2.135, showing a slight increase from its previous close. This positive stock movement reflects a gradual investor confidence as the company approaches its earnings release.