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MVST's Comeback: Record Revenues Drive Adjusted EBITDA in Q3
ZACKSยท 2025-12-02 16:46
Key Takeaways MVST delivered Q3 revenues of $123.3M, lifting nine-month sales to $331M.Growth was driven by commercial-vehicle battery demand and lower operating costs.Adjusted EBITDA hit $21.9M in Q3 as nine-month expenses fell 61.3% y/y.Microvast Holdings (MVST) registered record revenues of $123.3 million in the third quarter of 2025, up 21.6% year over year, resulting in year-to-date revenues of $331 million, increasing 24.3% year over year. This impressive growth is primarily fueled by a sustained dema ...