Cenntro Announces Third Quarter 2024 Financial Results
Cenntro Inc. (CENN)
Company Research
Source: Business Wire
FREEHOLD, N.J.--(BUSINESS WIRE)--Cenntro Inc. (NASDAQ: CENN) (“Cenntro” or “the Company”), a pioneering electric commercial vehicle company with advanced, market-validated, and purpose-built vehicles, has reported its financial and operational results for the third quarter ended September 30, 2024.Third Quarter 2024 Financial and Operational Highlights:Third quarter 2024 net revenue of $16.7 million increased 190% compared to $5.8 million for the third quarter of 2023.United States (“US”) sales volume increased to $10.3 million in the third quarter of 2024 from $0.2 million for the third quarter of 2023.Adjusted EBITDA loss for the third quarter of 2024 of $7.5 million compared to a loss of $12.1 million for the third quarter of 2023.Sold 662 Electric Commercial Vehicles in the third quarter of 2024.Sold 78 Logistar™ 400 Class 4 vehicles in the US market compared to 1 vehicle in the third quarter of 2023.Sold 334 Avantier™ vehicles in Europe and South American markets in the third
Show less
Read more
Impact Snapshot
Event Time:
CENN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CENN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CENN alerts
High impacting Cenntro Inc. news events
Weekly update
A roundup of the hottest topics
CENN
News
- Cenntro Completes Delivery of Over 1,000 Autonomous Driving Delivery Vehicles with iChassis Platforms in 2024Business Wire
- Cenntro Receives Order in European Market for Delivery of 200 Special Edition Logistar® 450P All-Electric VansBusiness Wire
- Cenntro Receives Order for Metro MR for the Japanese MarketBusiness Wire