Net sales grew 23.2% year-over-year, led by Datacenter & Critical Power and Commercial Vehicle markets, but net loss widened to $2.1 million due to higher costs and project launches. Liquidity improved after a $94 million stock offering, and full-year guidance was raised on strong demand trends.Oriā¦
Net sales grew 23.2% year-over-year, led by Datacenter & Critical Power and Commercial Vehicle markets, but net loss widened to $2.1 million due to higher costs and project launches. Liquidity improved after a $94 million stock offering, and full-year guidance was raised on strong demand trends.
Original document:
This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.