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Phoenix Motor Now Expects To Report Q1 Revenue Of $9.4M, Exceeding Previously Issued Guidance Range Of $8M - $9M

Author: Benzinga Newsdesk | July 11, 2024 06:34am

The record quarterly revenue represents a significant increase from the $1.8 million recorded in the first quarter of 2023, which was the company's previous record revenue quarter.

Phoenix Motor also expects to report record gross profit and record net income for the first quarter of 2024.

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