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Phoenix Motor to Discuss 2024 Financial Results During Webinar on June 4
A live Q&A session with management will follow the company's prepared remarks ANAHEIM, CA / ACCESS Newswire / May 7, 2025 / Phoenix Motor Inc. (OTC PINK:PEVM), a leading manufacturer of heavy-duty transit buses and electrification solutions provider ...
About this update from Phoenix Motor Inc.
[{"type":"text","content":"A live Q&A session with management will follow the company's prepared remarks","length":85,"tagName":"p"},{"type":"text","content":"ANAHEIM, CA / ACCESS Newswire / May 7, 2025 / Phoenix Motor Inc. (OTC PINK:PEVM), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, is pleased to invite investors to a webinar on June 4, 2025, at 4:15 p.m. ET.","length":275,"tagName":"p"},{"type":"text","content":"The exclusive event, hosted by RedChip Companies, will feature Phoenix Motor CEO Denton Peng, CFO Michael Yung, COO Lewis Liu, CRO Jose Paul Plackal, and CTO Tony Zhou.","length":168,"tagName":"p"},{"type":"text","content":"Phoenix Motor's leadership team will discuss the company's fiscal year 2024 financial results and provide insight into the company's position as a leader in zero-emission, all-electric commercial transportation solutions. For 2024, Phoenix Motor projects revenue of $30.7 million to $31.2 million, a more than tenfold increase from $3 million in 2023, with the company also expecting to report positive net income-a dramatic turnaround from its net loss in the prior year. Looking ahead, 2025 revenue is projected to be in the range of $40 million to $50 million, reflecting continued market expansion and strong demand for Phoenix's zero-emission commercial vehicle solutions.","length":693,"tagName":"p"},{"type":"text","content":"A live question and answer session will follow the presentation.","length":64,"tagName":"p"},{"type":"text","content":"To register for the free webinar, please visit: https://redchip.zoom.us/webinar/register/WN_3dWq_cpnSvarULS-dyUtiA#/registration","length":128,"tagName":"p"},{"type":"text","content":"Questions can be pre-submitted to [email protected] or online during the live event.","length":83,"tagName":"p"},{"type":"text","content":"About Phoenix Motor Inc.Phoenix Motor, a pioneer in the electric vehicle ("EV") industry, designs, builds, and integrates electric drive systems and manufactures heavy duty transit buses and medium and light duty commercial EVs. Phoenix operates two primary brands, "Phoenix", which is focused on commercial products including heavy and medium duty EVs (transit buses, shuttle buses, school buses and delivery trucks, among others) and "EdisonFuture", whi...