Greenwave shares surge 17.80% after-hours after Q3 10-Q report shows 39.5% revenue growth and improved net loss.

Thursday, Feb 5, 2026 4:25 pm ET1min read
GWAV--
Greenwave Technology Solutions, Inc. surged 17.80% in after-hours trading following the release of its Q3 2026 10-Q report. The filing highlighted a 39.5% year-over-year revenue increase to $10.996 million, driven by growth in metal and hauling operations, alongside a 88.77% improvement in net loss to $(4.918) million. The company also disclosed strategic expansion plans, including a new Virginia facility with rail or port access, and emphasized operational efficiency gains from reduced expenses. These developments, coupled with the transition to the scrap metal industry post-Empire Services acquisition, likely bolstered investor confidence in the firm’s long-term profitability and market positioning.

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