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ECD Automotive Reports Q2 Net Loss, Revenue Increase
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ECD Automotive Reports Q2 Net Loss, Revenue Increase
Aug 19, 2024 2:47 PM

05:17 PM EDT, 08/19/2024 (MT Newswires) -- ECD Automotive Design ( ECDA ) posted a Q2 net loss late Monday of $0.03 per diluted share, compared with breakeven a year ago.

Revenue for the quarter ended June 30 was $8.9 million, up from $3.9 million a year earlier.

Comparable analyst estimates were not available.

The company reaffirmed its full year 2024 revenue guidance of $33 million. A lone analyst in a Capital IQ poll expected $33 million.

Price: 1.1400, Change: +0.04, Percent Change: +3.67

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