LOBO Reports Record Shipments in September, with Overseas Sales Volume Up 108% and Revenue Surging 254% Year-Over-Year
LOBO EV TECHNOLOGIES LTD. - Ordinary shares (LOBO)
Company Research
Source: GlobeNewswire
WUXI, China, Oct. 15, 2024 (GLOBE NEWSWIRE) -- LOBO EV Technologies Ltd. (Nasdaq: LOBO) (“LOBO” or the “Company”), an innovative e-bicycle, e-moped, e-tricycle, and electric off-highway four-wheeled shuttle designer, developer, manufacturer and seller, today announced that the company completed a record number of shipments in September 2024, driven by the successful introduction of new products and an expanding overseas customer base. The volume of deliveries in September 2024 increased approximately 108% compared to September 2023, with about 2,800 units of e-bikes and 700 units of tricycles sold. The strong demand for LOBO's latest products, combined with expanding overseas customer base, has contributed to this achievement. Revenue generated from overseas customers surged 254% in September 2024 to approximately $0.8 million. The significant revenue growth of this segment compared to September 2023 highlights the Company's expanding global reach and successful efforts to mee
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News
- LOBO EV and Nexalin Technology Interviews to Air on the RedChip Small Stocks, Big Money(TM) Show on Bloomberg TVAccesswire
- Join LOBO EV Technologies’ Live Investor Webinar and Q&A Session on October 28GlobeNewswire
- LOBO Projects 80% Year-Over-Year Revenue Growth for 2024, Expects Margin Improvement in Second HalfGlobeNewswire
- LOBO EV Technologies Ltd. Announces H1 2024 Earnings with 49% Revenue Growth and 45% Increase in Units SoldGlobeNewswire
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Sec Filings
- 10/11/24 - Form SC
- 10/1/24 - Form SC
- 9/30/24 - Form 6-K
- LOBO's page on the SEC website