Bolt Projects surges 28.33% after-hours as Q3 results show raised $1M gross profit outlook and 16% margin.
ByAinvest
Wednesday, Nov 12, 2025 4:25 pm ET1min read
BSLK--
Bolt Projects Holdings surged 28.33% in after-hours trading following the release of its Q3 2025 financial results, which highlighted a doubled gross profit outlook to over $1.0 million for the year and a projected fourth-quarter gross margin exceeding 40%. The company attributed the improvement to stronger demand for its Vegan Silk™ technology, new customer acquisitions, and manufacturing efficiencies. Management emphasized expanded market traction, including partnerships with global beauty brands and a first-of-its-kind aerosol application with amika, signaling scalable growth. Operational advancements, such as a Silver-level EcoVadis sustainability rating and rapid development of a new XL-Silk variant, further reinforced confidence. The stock’s sharp rise aligns with the positive earnings revision and strategic momentum, despite ongoing Nasdaq delisting risks and historical losses, as investors reacted favorably to the improved financial guidance and commercial progress.
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