Microvast Reports First Quarter 2024 Financial Results

Record company Q1 revenue, increased 73.2% year over year to $81.4 million Gross margin increased from 10.3% to 21.2%, a 10.9 percentage point improvement year over year STAFFORD, Texas–(BUSINESS WIRE)–Microvast Holdings, Inc. (NASDAQ: MVST) (“Microvast” or the “Company”), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, today announced unaudited condensed consolidated financial […]

indie Semiconductor Reports First Quarter 2024 Results

indie Semiconductor Reports First Quarter 2024 Results

Delivers 29% Year-over-year Top Line Growth to $52.4M with Non-GAAP Gross Margin of 50.3% Guides Q2 2024 Revenue to be flat to up 5% Sequentially with Non-GAAP Gross Margin Expansion Well Positioned for Sustained Above Market Growth Driven by ADAS and User Experience 2H 2024 New Program Ramps ALISO VIEJO, Calif.–(BUSINESS WIRE)–indie Semiconductor, Inc. (Nasdaq: […]

ESAB Corporation Board Declares Increased Dividend

ESAB Corporation Board Declares Increased Dividend

NORTH BETHESDA, Md.–(BUSINESS WIRE)– “We are proud to announce a double-digit increase in our dividend for our second straight year as a public company,” stated Shyam P. Kambeyanda, President and CEO of ESAB Corporation. “The dividend reflects our ability to successfully execute our strategic goals, generate strong cash flow quarter-over-quarter and deliver value to our […]