Microvast Holdings Q2 Adj $(0.21) Misses $(0.07) Estimate, Sales $83.67M Miss $92.35M Estimate

Microvast Holdings (NASDAQ:MVST) reported quarterly losses of $(0.21) per share which missed the analyst consensus estimate of $(0.07) by 200 percent. This is a 950 percent decrease over losses of $(0.02) per share from the same period last year. The company reported quarterly sales of $83.67 million which missed the analyst consensus estimate of $92.35 million by 9.39 percent. This is a 11.64 percent increase over sales of $74.95 million the same period last year.