CBAK Energy Tech Q4 EPS $(0.08) Misses $(0.03) Estimate, Sales $58.803M Miss $64.572M Estimate

CBAK Energy Tech (NASDAQ: CBAT) reported a Q4 loss of $(0.08) per share, missing the analyst estimate of $(0.03) by 166.67%. This represents a 60% increase in losses compared to $(0.05) per share from the same period last year. The company also reported quarterly sales of $58.803 million, which fell short of the $64.572 million estimate by 8.93%, but showed a significant increase of 131.77% from $25.371 million in the same quarter last year.