Gauzy Ltd. (GAUZ) has released an update.
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Gauzy Ltd. reported a strong third quarter for 2024, with a 24.6% increase in revenue, driven by significant customer wins across various sectors including automotive and architecture. Despite a net loss, the company has managed to narrow its losses and continues to focus on meeting growing demand with strategic expansions and high-profile partnerships with major OEMs like Ferrari and Yutong. Gauzy’s innovative vision and light control technologies are setting the stage for continued growth in the coming quarters.
For further insights into GAUZ stock, check out TipRanks’ Stock Analysis page.
