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0.00677966101694916 0.149152542372881 0.0813559322033899 0.0338983050847458 -0.0439322033898305 -0.0271186440677966 -0.00033898305084742 0
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Bolt Projects Holdings Announces Preliminary Third Quarter Results and Updates Fiscal 2025 Guidance

Bolt Projects Holdings, Inc. (BSLK) 
Company Research Source: Business Wire
BERKELEY, Calif.--(BUSINESS WIRE)--Bolt Projects Holdings, Inc. (Nasdaq: BSLK), a developer of biomaterials for the beauty and personal care industry, announced preliminary results for the third quarter of 2025 and updated its full year fiscal 2025 guidance.Preliminary Third Quarter ResultsPreliminary, unaudited revenue for the third quarter 2025 is expected to be approximately $370 thousand, delivering year over year growth of approximately 7,000% compared to the third quarter of 2024. Quarterly growth may vary due to timing of customer demand.Gross profit margin in the third quarter of 2025 is expected to be at least 15%, increasing from the second quarter of 2025 gross profit margin of approximately 5%. Bolt expects to maintain this gross margin improvement as the Company continues to benefit from improved manufacturing efficiencies.In September 2025, Bolt initiated an equity line of credit with Ascent Partners LLC for up to $20 million of financing. Bolt began using this facil Show less Read more
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