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Microcap & Penny Stocks : REFR Since Gauzy
REFR 1.040+0.5%Feb 10 3:59 PM EST
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From: dimtint8/8/2024 7:49:36 AM
1 Recommendation

Recommended By
JoAnnBarbour

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investors.gauzy.com

<<<Automotive revenue of $0.9 million in the second quarter compared to $0.5 million in the prior year quarter, an increase of 79.5%. Gross loss of $0.1 million in the second quarter compared to a gross loss of $0.1 million in the prior year quarter. Gross margin of (16.2)% in the second quarter compared to (14.2)% in the prior year period. The results reflect the start of serial production at the end of the second quarter of 2023 and its continued ramp to higher expected utilization levels.>>>

I wonder what the impact of this reporting granularity will be on REFR's own reporting.

Also makes you realize how much the armored government vehicles may have contributed to 2q24.

OC there's a lag of some kind between Gauzy's deliveries and the laminators delivery and therefore payment. I predict that in a fw quarters the relationship will be pretty obvious....
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