{"id":171656,"date":"2023-03-01T15:27:17","date_gmt":"2023-03-01T15:27:17","guid":{"rendered":"https:\/\/precoinnews.com\/?p=171656"},"modified":"2023-03-01T15:27:17","modified_gmt":"2023-03-01T15:27:17","slug":"wallbox-down-11-despite-increased-revenue-in-q4","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/bitcoin\/wallbox-down-11-despite-increased-revenue-in-q4\/","title":{"rendered":"Wallbox Down 11% Despite Increased Revenue In Q4"},"content":{"rendered":"<p> Shares of Wallbox N.V. (WBX), a provider of electric vehicle charging and energy management solutions, are falling more than 11% Wednesday morning despite increased revenue in the fourth quarter.<\/p>\n<p>Revenue for the fourth quarter rose 44% year-on-year to 37.31 million euros.<\/p>\n<p>The company&#8217;s CEO Enric Asuncion commented, &#8220;Looking forward, the <span>business<\/span> environment in the near-term remains complex, and industry sources have once again revised European EV forecasts down for 2023, but we remain constructive on the underlying fundamentals of the market and our competitive position.&#8221;<\/p>\n<p>WBX is at $5.04 currently. It has traded in the range of $3.14-$14.43 in the last 1 year. <\/p>\n<p>Source: <a href=\"https:\/\/www.rttnews.com\/3347610\/wallbox-down-11-despite-increased-revenue-in-q4.aspx?utm_source=rttnews&#038;utm_campaign=stockalerthome\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Wallbox N.V. (WBX), a provider<\/p>\n","protected":false},"author":3,"featured_media":171655,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Wallbox Down 11% Despite Increased Revenue In Q4 - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/bitcoin\/wallbox-down-11-despite-increased-revenue-in-q4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wallbox Down 11% Despite Increased Revenue In Q4 - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"Shares of Wallbox N.V. 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