Carbon Revolution Announces Record Revenue Results for First Half 2024
Carbon Revolution Public Limited Company (CREV)
Company Research
Source: GlobeNewswire
- Achieved Record Half Year Revenue of US$26.1 million, up 107% year-over-year- Half Year Sales of 12.8k Wheels, More Than Doubling Volumes Compared to the Prior Year- Achieved Record Quarterly Revenue of US$14.8 million in 2Q24, up 177% year-over-year- Limited liquidity as of 31 March 2024, requires additional finance; discussion with OIC for potential early release of Escrow funds is ongoing- Issues Preliminary Estimate for Fiscal 3Q 2024 (Quarter Ended March 31, 2024) of $10 to $11 Million, Up 110% Year-Over-Year at the Mid-Point of the Range GEELONG, Australia, April 09, 2024 (GLOBE NEWSWIRE) -- Carbon Revolution plc (Nasdaq: CREV) (the “Company”), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, today announced fiscal first half 2024 results for the period ending December 31, 2023 (unaudited). First half revenue was up 107% over the same period last year and second quarter revenue was also up
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CREV
News
- Carbon Revolution Wins Automotive News PACE AwardsGlobeNewswire
- OIC Funds Incremental Early Release of $5 Million to Carbon RevolutionGlobeNewswire
- Carbon Revolution Public Limited (NASDAQ: CREV) had its price target lowered by analysts at Craig Hallum from $84.00 to $39.00. They now have a "buy" rating on the stock.MarketBeat
- Carbon Revolution Sets Date for Fiscal First Half 2024 (6-Month Period Ending December 31, 2023) Earnings Release and Conference CallGlobeNewswire
- Carbon Revolution to Present at Emerging Growth Conference on Thursday, April 4, 2024GlobeNewswire
CREV
Sec Filings
- 4/11/24 - Form 6-K
- 2/21/24 - Form 6-K
- 2/14/24 - Form SC
- CREV's page on the SEC website