Results for: Q2 2024 Results

VinFast, Vietnam’s leading electric vehicle (EV) manufacturer, announced robust second-quarter 2024 results, showcasing a 44% quarter-over-quarter increase in EV deliveries and a 33% surge in revenue. The company’s home market, Vietnam, played a pivotal role in this growth, fueled by strong demand for the VF 5 model and the launch of the highly anticipated VF 3 mini electric SUV. VinFast’s global expansion strategy also showed progress, with expanding dealership networks and increased market presence in key regions like North America and Southeast Asia.

Argo Corporation, a technology venture led by former Tesla and Facebook executives, announced its financial results for Q2 2024. The company is transitioning from an EV subscription model to a focus on building the world’s first vertically integrated city transit system. Q2 saw a significant increase in R&D investment, a restructuring of operations, and continued growth in its restaurant supply platform, FoodsUp. Argo aims to revolutionize urban mobility with its integrated transit system, offering convenient first- and last-mile solutions.

East Side Games Group (ESGG) announced strong Q2 2024 financial results, driven by the success of its match games and new game launches. Revenue reached $20.5 million with an adjusted EBITDA of $2.5 million, demonstrating the company’s commitment to consistent growth and positive cash flow. ESGG continues to invest heavily in its future, with notable launches including Cheech and Chong’s: Kush Kingdom and the upcoming worldwide release of POWER RANGERS: MIGHTY FORCE.

Osisko Development Corp. announced its financial and operating results for the second quarter of 2024, highlighting a focus on advancing its gold development projects, particularly the Cariboo Gold Project and the Tintic Project. The company reported $2.6 million in revenue for Q2 2024, down from $10.8 million in Q2 2023. The decrease in revenue was largely attributed to a decline in gold sales, which amounted to 805 ounces in Q2 2024 compared to 790 ounces from the Trixie test mine and the Cariboo Gold Project.

Nikola Corporation, a leading provider of zero-emissions transportation solutions, announced strong Q2 2024 sales results, exceeding truck sales guidance. The company wholesaled 72 trucks, exceeding the high end of its guidance of 60 units. This success is attributed to new customers like [Customer Name] and repeat customers like 4GEN and [Customer Name]. Nikola remains committed to its first-mover advantage in zero-emissions Class 8 trucks, as well as its HYLA hydrogen refueling solutions.

Mesa Air Group announced strong second-quarter fiscal 2024 results, driven by a restructuring effort that improved operations and profitability. The company achieved its first GAAP and adjusted net profits in 11 quarters, along with a significant reduction in debt. Mesa attributes these positive developments to its transition toward higher-margin Embraer E-175 aircraft and a strengthened pilot pipeline.