Wallbox Announces Third Quarter 2024 Financial Results [Yahoo! Finance]
Wallbox N.V. (WBX)
Company Research
Source: Yahoo! Finance
management solutions worldwide, today announced its financial results for the third quarter ended September 30, 2024 and provided a business update. Third Quarter 2024 Highlights and Business Update: Generated revenue of €34.7 million, representing an increase of 7% compared to the same period last year. Excluding a one-off revenue charge of €1.6 million during the quarter, year over year growth was 12% Exceptional performance in the North American market with 45% year-over-year revenue growth, significantly higher than the EV market growth of 4% . This further diversifies the geographical footprint while leveraging the complete product portfolio in all charging segments (Home, Commercial and Fast Charging) Continued optimization of operations by reducing costs and CAPEX 26% revenue growth year to date compared to the same period last year, versus only a 3% growth in the EV markets where Wallbox is present Executive Commentary Enric Asuncion, CEO of Wallbox, said, "Wallb
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WBX
Sec Filings
- 11/12/24 - Form SC
- 11/6/24 - Form 6-K
- 10/10/24 - Form 6-K
- WBX's page on the SEC website