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Wallbox Announces Fourth Quarter & Full Year 2024 Financial Results

1. WBX reported €37.4 million revenue, 8% quarterly growth. 2. North American market saw strong momentum with 64% year-over-year growth.

Earnings
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+0.05%S&P 500
$0.503602/26 06:56 AM EDTEvent Start
$0.444302/27 01:54 PM EDTLatest Updated
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FAQ

Why Bullish?

The revenue growth indicates strong market performance and prospects. Historical data shows similar revenue increases often lead to positive stock movements, enhancing investor confidence.

How important is it?

Positive quarterly results significantly influence investor perception and stock price. As WBX is in the growing EV industry, solid financials attract attention.

Why Short Term?

The market's rapid reaction to quarterly results suggests immediate stock price effects. Previous quarterly earnings announcements have shown swift movements in WBX’s stock price.

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TSLACHPTEVGO
BARCELONA, Spain--(BUSINESS WIRE)--Wallbox N.V. (NYSE:WBX), a leading provider of electric vehicle (“EV”) charging and energy management solutions worldwide, today announced its financial results for the fourth quarter and full year ended December 31, 2024 and provided a business update. Fourth Quarter 2024 Highlights and Business Update: Generated revenue of €37.4 million, representing growth of 8% compared to the last quarter North American market maintained strong momentum, achieving 64% yea.

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