05:35 PM EDT, 08/11/2025 (MT Newswires) -- Microvast ( MVST ) reported a Q2 non-GAAP net income late Monday of $0.05 per diluted share, compared with a loss of $0.28 per share a year earlier.

A single analyst polled by FactSet expected $0.02.

Revenue for the quarter ended June 30 rose to $91.3 million, from $83.7 million a year earlier.

Two analysts surveyed by FactSet expected $107.7 million.

The company reiterated its 2025 revenue guidance of $450 million to $475 million.

Two analysts surveyed by FactSet expect $472.7 million.

Shares of Microvast ( MVST ) were down more than 6% in after-hours activity.