Advent Technologies Reports Q4 Results, Reveals Strong Demand
Advent Technologies Holdings Inc (NASDAQ:ADN) reported fourth-quarter revenue of $2.90 million, increasing 714% year-over-year. The revenue increase reflects customer demand for Advent's products across the board and through the acquisitions of UltraCell, SerEnergy, SerEnergy Philippines, Inc., and fischer eco-solutions. The gross margin for the quarter was 5% versus 61% in 4Q20. The…
Benzinga ·