Tritium DCFC Limited reaffirmed earnings guidance for the year 2023. The company maintains its previously issued 2023 revenue guidance. Given the Company?s higher focus on its path to profitability versus growth, the Company now expects an advantaged sales mix of higher price and margin products than originally contemplated to drive its revenue and gross margin targets, thereby requiring a lower unit production profile than the previous guidance of 11,000 units.

The company reconfirming revenue guidance in the range of $210 million to $225 million. Additionally, the company set a new production record for the 6-month period ending June 30, building 5,100 units, compared with 2,700 units for the previous 6-month period.