NeoVolta Experiencing Continued Wave of Revenue Growth in Q2 FY 2024, Following Company’s Solar Energy Storage Sales Surge to End 2023

February 13, 2024

https://www.globenewswire.com/news-release/2024/02/13/2828271/0/en/NeoVolta-Experiencing-Continued-Wave-of-Revenue-Growth-in-Q2-FY-2024-Following-Company-s-Solar-Energy-Storage-Sales-Surge-to-End-2023.html

SAN DIEGO, Feb. 13, 2024 (GLOBE NEWSWIRE) — (NASDAQ:NEOV)  – NeoVolta Inc., a San Diego-based manufacturer of Smart Energy Storage Solutions, today announced that it booked over $1M in gross revenue for the fourth quarter, marking a tremendous 80% growth year-over-year with Gross Margins topping 20%, in a year where many feared the negative impacts of California’s Net Energy Metering 4 (NEM3) on solar sales.

Read more at globenewswire.com

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.