Gauzy Ltd. adds Second Production Shift in Europe to Meet Strong Global Demand; Releases Preliminary Third Quarter Revenue Range and Provides Fourth Quarter Guidance
1. Gauzy expands Lyon facility with a second production shift. 2. Third quarter revenues expected to be $23-$23.5 million, 24% growth. 3. Fourth quarter revenues forecasted between $28-$34 million, 41% growth. 4. Strong demand confirmed with expanded backlog and notable partnerships. 5. Conference call scheduled for November 12 to discuss earnings.