Electriq Power Holdings, Inc. Provides Revenue Guidance for the Fourth Quarter of 2023 and Reiterates Revenue Guidance for the Year 2024
January 11, 2024 at 08:00 am EST
Electriq Power Holdings, Inc. provided revenue guidance for the fourth quarter of 2023 and reiterated revenue guidance for the year 2024. The approximate $1.3 million The company expects to record in sales for fourth quarter represents year on year growth of over 100% and a roughly 60% sequential increase, including a 233% sequential increase in Sustainable Community Networks (SCN), its third consecutive quarter of incremental growth.
The company reiterated a revenue range of $20 million to $30 million in 2024.