US stocks surge as Q2 revenue exceeds expectations, Expion360 (XPON.US) soaring over 211%

According to the Securities Times app, on Thursday, Expion360 (XPON.US) surged over 211%, reaching a new high for the year at $4.05. In terms of news, the company's second-quarter revenue reached $3 million, a 134% increase year-on-year, exceeding analysts' general expectation of $2.18 million. The company achieved sales growth for the sixth consecutive quarter, mainly due to strong demand in the RV market and accessories, as well as expanding home energy storage solutions, which will start shipping in January 2025. In addition, the company regained compliance with Nasdaq listing rules on August 13, eliminating the risk of delisting.