Power sport boats maker Twin Vee's Q3 sales rise 18%

Reuters

2025/11/06

Power sport boats maker <a href="https://laohu8.com/S/TVPC">Twin Vee</a>'s Q3 sales rise 18%

Overview

Twin Vee Q3 net sales up 18% yr/yr to $3.43 mln
Net loss for Q3 improved 8% to $2.76 mln
Company strengthens liquidity with $500,000 property sale proceeds

Outlook

Company expects to enter 2026 with a leaner cost structure
Twin Vee anticipates stronger cash flow generation potential in 2026
Company is preparing 2026 model launches to expand offshore segment

Result Drivers

COST CONTROL - Improved cost control and efficiency led to a narrowed gross loss
PROPERTY SALE - Sale of Marion facility provided immediate liquidity and future payments
DEALER EXPANSION - Expanded dealer coverage in higher-velocity markets to boost sales

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
9M Revenue		$11.80 mln
9M Net Income		-$6.02 mln
9M Gross Profit		$1.15 mln

Press Release: ID:nACSby9pNa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. 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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4539","symbol_name":"次新股","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251106:nL1N3WI0T5:1","article_id":"2581515096","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2581515096","pubTimestamp":1762436328,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Power sport boats maker Twin Vee's Q3 sales rise 18%OverviewTwin Vee Q3 net sales up 18% yr/yr to $3.43 mlnNet loss for Q3 improved 8% to $2.76 mlnCompany strengthens liquidity with $500,000 property ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4539":"次新股","BK4190":"消闲用品","VEEE":"Twin Vee Powercats Co"},"translate_title":"动力运动船制造商Twin Vee第三季度销售额增长18%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VEEE":0.9},"content_text":"Power sport boats maker Twin Vee's Q3 sales rise 18%OverviewTwin Vee Q3 net sales up 18% yr/yr to $3.43 mlnNet loss for Q3 improved 8% to $2.76 mlnCompany strengthens liquidity with $500,000 property sale proceedsOutlookCompany expects to enter 2026 with a leaner cost structureTwin Vee anticipates stronger cash flow generation potential in 2026Company is preparing 2026 model launches to expand offshore segmentResult DriversCOST CONTROL - Improved cost control and efficiency led to a narrowed gross lossPROPERTY SALE - Sale of Marion facility provided immediate liquidity and future paymentsDEALER EXPANSION - Expanded dealer coverage in higher-velocity markets to boost salesKey DetailsMetricBeat/MissActualConsensus Estimate9M Revenue$11.80 mln9M Net Income-$6.02 mln9M Gross Profit$1.15 mlnPress Release: ID:nACSby9pNaFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}