Electrovaya Reports Revenue of $12.1 Million for Q1 FY2024; Up 41% Y/Y [Yahoo! Finance]
Electrovaya Inc. (ELVA)
Company Research
Source: Yahoo! Finance
Reaffirmed Fiscal 2024 Guidance of $65 to 75 million underpinned by increasing order backlog and an updated Three Year Strategic Supply Agreement with two of the largest OEMs in the Material Handling sector TORONTO, ON / ACCESSWIRE / February 12, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (Nasdaq:ELVA),(TSX: ELVA), a leading lithium-ion battery technology and manufacturing company, today reported its financial results for the first quarter fiscal year ended September 30, 2024 ("Q1 FY2024"). All dollar amounts are in U.S. dollars unless otherwise noted. "Q1 FY2024 represented a good start for the fiscal year for the Company with strong revenue growth, improved margins and our fourth consecutive positive EBITDA result," said Dr. Raj DasGupta, Electrovya's CEO. Given the strength of the backlog and the current line of sight for other orders, we are reaffirming guidance of between $65 million and $75 million revenue for FY 2024." "We continue our long term planning wi
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ELVA
News
- Electrovaya Presenting at the Upcoming EXIM Bank Annual Conference [Yahoo! Finance]Yahoo! Finance
- Electrovaya Presenting at the Upcoming EXIM Bank Annual Conference Accesswire
- Electrovaya Announces date for Q2-2024 Financial Results & Conference Call [Yahoo! Finance]Yahoo! Finance
- Electrovaya Announces date for Q2-2024 Financial Results & Conference Call Accesswire
- Electrovaya signs supply deal with Sumitomo for its lithium-ion battery products Apr. 29, 2024 8:45 AM ET By: Jaskiran Singh , SA News Editor [Seeking Alpha]Seeking Alpha
ELVA
Sec Filings
- 5/6/24 - Form 6-K
- 5/2/24 - Form 6-K
- 4/29/24 - Form 6-K
- ELVA's page on the SEC website