Microvast Holdings, Inc. (MVST) Reports Q1 Loss, Tops Revenue Estimates

Microvast Holdings, Inc. (MVST) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of$ 0.05. This compares to loss of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 20%. A quarter ago, it was expected that this company would post a loss of$ 0.03 per share when it actually produced a loss of $0.04, delivering a surprise of -33.33%.Over the last four quarters, the company has s ...