Microvast Holdings, Inc. (MVST) Q1 Earnings and Revenues Surpass Estimates

Microvast Holdings, Inc. (MVST) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of a loss of$ 0.02 per share. This compares to loss of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 400%. A quarter ago, it was expected that this company would post a loss of$ 0.02 per share when it actually produced a loss of $0.01, delivering a surprise of 50%.Over the last four quarters, the co ...