NeoVolta Inc. (NEOV), Thursday announced preliminary first-quarter results, expecting more than about 1,000 percent year-over-year increase in revenue to $6.5 million.
The company attributed the strong revenue growth to the successful expansion of sales and distribution channels and growing adoption of distributed energy storage solutions.
Looking ahead, the energy technology company continues to strengthen its regional distribution network and operational capacity to meet rising demand, helping homeowners and businesses manage electricity costs, reduce grid reliance, and maintain power during outages.
In the pre-market hours, NEOV is moving up 13 percent, to $4.52 on the Nasdaq.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.