Twin Vee Powercats Second Quarter 2024 Earnings: US$0.47 loss per share (vs US$0.14 loss in 2Q 2023)

Twin Vee Powercats (NASDAQ:VEEE) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$4.33m (down 47% from 2Q 2023).
• Net loss: US$4.52m (loss widened by 239% from 2Q 2023).
• US$0.47 loss per share (further deteriorated from US$0.14 loss in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Twin Vee Powercats shares are down 16% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Twin Vee Powercats that you should be aware of.

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