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Energy Vault backs prior FY23 revenue view of  $325M-425M, consensus $377.31M
The Fly

Energy Vault backs prior FY23 revenue view of $325M-425M, consensus $377.31M

Energy Vault is reiterating its previously announced 2023 financial outlook, including: Total revenue of $325 million to $425 million, which reflects growth of approximately 2x to 3x over 2022. Gross margin of 10 to 15%. Adjusted EBITDA of $(50M) million to $(70M) .

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