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NeoVolta Expects Q1 FY2026 Revenue to Surpass $6.5 Million, Over ~1,000% Growth Year-Over-Year
Globenewswireยท 2025-10-23 12:30
Core Insights - NeoVolta Inc. anticipates revenue exceeding $6.5 million for Q1 of fiscal 2026, reflecting a year-over-year increase of over ~1,000% and marking the fourth consecutive record-setting quarter for the company [1][7] Company Performance - The significant revenue growth is attributed to the successful expansion of sales and distribution channels beyond the traditional Southern California market, along with enhanced financing options that improve accessibility to energy storage solutions [2][3] - The company is strengthening its regional distribution network and operational capacity to meet increasing demand, aiding homeowners and businesses in managing electricity costs and ensuring power during outages [3] Future Outlook - NeoVolta plans to release full financial results for the first quarter in November 2025, indicating ongoing transparency and commitment to stakeholder communication [4]