CBAK Energy Reports 21 Percent Q2 Beat

CBAK Energy Technology (NASDAQ:CBAT), a lithium battery manufacturer serving sectors like electric vehicles and energy storage, released its second quarter 2025 results on August 18, 2025. The company reported GAAP revenue of $40.52 million, ahead of analyst estimates of $33.56 million. Earnings per share (EPS) (GAAP) were a loss of $(0.03), better than the expected loss of $(0.04). Despite surpassing expectations, both sales and profits (GAAP) showed significant year-over-year declines as the business continued to invest in new product rollouts and ramp up its next-generation battery models. The quarter highlighted continued operational headwinds connected to upgrading key facilities and managing a steep product transition, with a marked drop in gross profits and margin (GAAP). Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. CBAK Energy Technology specializes in developing and producing lithium batteries, and offers products for electric vehicles and energy storage systems. Its clients range from automakers and light vehicle makers to companies providing residential backup power and industrial energy storage.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool