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May 11, 2026 4:00 PM

Why Is Twin Vee PowerCats Stock Gaining Monday?

Twin Vee PowerCats Co. (NASDAQ:VEEE) stock traded higher Monday after the boat manufacturer highlighted first-quarter results that showed continued revenue growth and new product launches.

Twin Vee Revenue Growth Continues

The company said first-quarter revenue increased about 10% year over year, marking its fourth consecutive quarter of annual growth. Revenue also rose 31% sequentially from the fourth quarter of 2025.

Net loss widened to $2.09 million from $1.6 million in the prior-year quarter. Adjusted EBITDA loss improved 11% year over year to ...