NeoVolta Reports Q4 GAAP EPS of -$0.24, Revenue Misses Estimates
NeoVolta (NASDAQ:NEOV) reported fourth-quarter results that fell short of expectations. The company's GAAP earnings per share came in at -$0.24, missing the estimated figure by $0.15. Additionally, revenue was recorded at just $0.01 million, significantly below estimates and down 99.8% year-over-year. As of June 30, 2026, NeoVolta held cash and equivalents totaling $22.2 million along with an additional $3.2 million in restricted cash, bringing the total to $25.4 million following a public offering conducted in May 2026. The company's shares dropped by approximately 5.65% after these results were released.
