Gauzy Ltd. Announces Preliminary Revenue Ranges, Sees Q2 2024 Revenue $24M-$24.5M Vs 23.42M Est.; Sees H1 2024 Revenue $48.7M-$49.2M
Gauzy Ltd. (NASDAQ:GAUZ) ("Gauzy" or the "Company"), a global leader in vision and light control solutions, today provided preliminary unaudited revenue ranges for its second quarter and first half ended June 30, 2024.
Second quarter 2024 revenues are expected to be in a range of $24.0 million to $24.5 million compared to $19.9 million in the prior year quarter. First half 2024 revenues are expected to be in a range of $48.7 million to $49.2 million, compared to $37.4 million in the prior year period. These revenue ranges equate to approximately 22% and 31% growth for the second quarter and first half of 2024 at the respective midpoints.