Phoenix Motor postpones first quarter conference call to September 23 Page 1

Company reiterates record revenue guidance for first quarter 2024ANAHEIM, CA / ACCESSWIRE / September 9, 2024 / Phoenix Motor Inc. (Nasdaq:PEV), a leading manufacturer of heavy-duty buses and provider of electrification solutions for medium-duty …

The company reiterates its record revenue forecast for the first quarter of 2024

ANAHEIM, CA / ACCESSWIRE / September 9, 2024 / Phoenix Motor Inc. (Nasdaq:PEV), a leading manufacturer of heavy-duty buses and provider of electrification solutions for medium-duty vehicles, today reiterated its guidance for the first quarter of 2024. The Company expects record first quarter revenue of $9.4 million, exceeding previously issued guidance of $8 million to $9 million. The record quarterly revenue represents a significant increase from the $1.8 million recorded in the first quarter of 2023, the Company’s previous record revenue quarter. Phoenix Motor also expects to report record gross profit and record net profit for the first quarter of 2024.

Updated Q1 2024 conference call details:

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