
Electrovaya (NASDAQ:ELVA) reported higher fiscal second-quarter revenue and profitability while cautioning that supply chain delays and macroeconomic uncertainty could affect the timing of some customer orders.
On the company’s earnings call, Chief Financial Officer John Gibson said revenue for the quarter ended March 31, 2026, rose 20% to $18 million from $15 million a year earlier. Revenue for the first six months of fiscal 2026 increased 28% to $33.6 million from $26.2 million in the prior-year period. All figures discussed on the call were in U.S. dollars.