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Stock impact report

Nuvve Holding Corp (NVVE) Q3 2024 Earnings Call Highlights: Strategic Partnerships and Revenue ... [Yahoo! Finance]

Nuvve Holding Corp. (NVVE) 
Company Research Source: Yahoo! Finance
Nuvve Holding Corp ( NASDAQ:NVVE ) has successfully reduced expenses with minimal impact on operational capabilities, leading to increased margins. Sales in the school bus business are picking up, driven by EPA funding rounds, which will positively impact future revenues. The company has secured a significant project with the Fresno Economic Opportunity Commission, providing a strong baseline revenue for 2025. Nuvve Holding Corp ( NASDAQ:NVVE ) has improved gross margins due to better pricing and a higher mix of service revenues. The company has increased its megawatts under management by 37.3% compared to the previous year, indicating growth in its core business operations. Total revenues for the third quarter decreased compared to the same period last year, impacted by non-recurring sales and delays in EPA funding. Year-to-date revenues have declined by 3.2 million compared to the prior year period, primarily due to reduced hardware sales. The company experienced a de Show less Read more
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