1847 Holdings sees 2023 revenue in excess of $90M

Ellery Roberts, CEO of 1847 Holdings, commented, “I am pleased to report that our growth and synergy thesis is playing out as we had hoped and that is reflected in the 54% increase in revenue for the second quarter of 2023. To provide additional context, our projected revenue of over $20 million for the second quarter alone is more than 40% of what we generated in all of 2022. We attribute this strong performance to the strength of our platform and our ability to support the growth of our portfolio companies, while at the same time improving their profitability. Due to our demonstrated year-over-year and sequential quarterly growth, we are reaffirming our prior guidance of revenue in excess of $90 million in 2023.”