Wallbox Reports Robust Preliminary Q2 Revenue Growth

Wallbox (WBX) has released an update.

Wallbox, a global tech company specializing in EV charging and energy management, has reported an impressive preliminary revenue of approximately €49 million for Q2 2024, marking a nearly 50% year-over-year increase. The significant growth is attributed primarily to the U.S. market, with a notable 65% rise in revenues from sales of home AC chargers and public DC fast chargers. The company will further discuss detailed financial results and provide business updates in an upcoming earnings webcast.

For further insights into WBX stock, check out TipRanks’ Stock Analysis page.