The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Sameer S. Joshi - H.C. Wainwright & Co, LLC, Research Division - Analyst
: Raj, just was wondering how the gross margins have improved quarter-over-quarter despite the top line staying the same? Should -- and then part
B is, should we expect even more gross margin improvement in the fourth quarter?
Question: Sameer S. Joshi - H.C. Wainwright & Co, LLC, Research Division - Analyst
: And stepping back, the debt facility being negotiated. Is that contingent upon your engineering studies and plans being ready? How does that
work? Like can you like -- if you can, a GaN chart of progress on that front would be helpful.
Question: Sameer S. Joshi - H.C. Wainwright & Co, LLC, Research Division - Analyst
: Sorry, I should have said that. Yes, Jamestown. For the Jamestown.
Question: Sameer S. Joshi - H.C. Wainwright & Co, LLC, Research Division - Analyst
: In terms of proving out the 52-amp power technology with these newer customers, are these customers asking for, like, independent clarification?
Or are they good with the DSM studies and results?
Question: Sameer S. Joshi - H.C. Wainwright & Co, LLC, Research Division - Analyst
: But for these bus and trucks and mining customers, you don't expect additional testing from these potential customers.
Question: Sameer S. Joshi - H.C. Wainwright & Co, LLC, Research Division - Analyst
: And then just coming back to costs, actually. Interesting to see R&D costs come down, sales and marketing costs come down as well. Should we
expect these levels or should we expect a ramp again once activity in New York increases and sales traction on the heavy -- high voltage increases?
How should we look at the next, say, 6 quarters?
Question: Sameer S. Joshi - H.C. Wainwright & Co, LLC, Research Division - Analyst
: Certainly. As I understand, you -- what you're saying is you do see operating leverage going forward. So that's good to see.
REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us
consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies.
AUGUST 14, 2023 / 10:00PM, ELVA.TO - Q3 2023 Electrovaya Inc Earnings Call
|
