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Greenwave Technology Solutions, Inc. Chief Executive Officer Danny Meeks to be Interviewed on Fox Business Network's Varney & Co. Today

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Greenwave Technology Solutions (NASDAQ: GWAV) announced that CEO Danny Meeks will be interviewed on Fox Business Network's Varney & Co. at 11:30am EST. The interview will discuss the impact of upcoming 25% steel and aluminum tariffs, effective March 12, 2025, on U.S. scrap metal prices and demand.

As a leading Mid-Atlantic supplier of mill-ready shred and recycled metals, Greenwave has raised its FY 2025 revenue guidance to $47-50 million. The company, with strategic operations in Virginia, North Carolina, and Ohio, expects to benefit from increased demand and wider profit margins as the U.S. steel industry shifts toward domestic sourcing.

Greenwave Technology Solutions (NASDAQ: GWAV) ha annunciato che il CEO Danny Meeks sarà intervistato su Fox Business Network's Varney & Co. alle 11:30 EST. L'intervista discuterà dell'impatto delle prossime tariffe del 25% su acciaio e alluminio, che entreranno in vigore il 12 marzo 2025, sui prezzi e sulla domanda di rottami metallici negli Stati Uniti.

Come fornitore leader di metalli riciclati e triturati pronti per la lavorazione nella regione del Mid-Atlantic, Greenwave ha alzato le sue previsioni di fatturato per l'anno fiscale 2025 a 47-50 milioni di dollari. L'azienda, con operazioni strategiche in Virginia, Carolina del Nord e Ohio, prevede di beneficiare di una maggiore domanda e margini di profitto più ampi mentre l'industria dell'acciaio statunitense si sposta verso l'approvvigionamento domestico.

Greenwave Technology Solutions (NASDAQ: GWAV) anunció que el CEO Danny Meeks será entrevistado en Varney & Co. de Fox Business Network a las 11:30 am EST. La entrevista discutirá el impacto de los próximos aranceles del 25% sobre el acero y el aluminio, que entrarán en vigor el 12 de marzo de 2025, en los precios y la demanda de chatarra metálica en EE. UU.

Como proveedor líder de metales reciclados y triturados listos para el molino en la región del Atlántico Medio, Greenwave ha elevado su guía de ingresos para el año fiscal 2025 a 47-50 millones de dólares. La empresa, con operaciones estratégicas en Virginia, Carolina del Norte y Ohio, espera beneficiarse de una mayor demanda y márgenes de beneficio más amplios a medida que la industria del acero de EE. UU. se desplaza hacia el abastecimiento nacional.

그린웨이브 테크놀로지 솔루션즈 (NASDAQ: GWAV)는 CEO 대니 미크스가 Fox Business Network의 Varney & Co.에서 오전 11시 30분 EST에 인터뷰를 진행할 것이라고 발표했습니다. 이 인터뷰에서는 2025년 3월 12일부터 시행되는 25%의 철강 및 알루미늄 관세가 미국의 고철 가격과 수요에 미치는 영향에 대해 논의할 예정입니다.

중부 대서양 지역의 밀 준비가 된 파쇄 및 재활용 금속의 주요 공급업체인 그린웨이브는 2025 회계연도 매출 전망을 4,700만~5,000만 달러로 상향 조정했습니다. 버지니아, 노스캐롤라이나, 오하이오에서 전략적 운영을 하고 있는 이 회사는 미국 철강 산업이 국내 조달로 전환됨에 따라 증가하는 수요와 더 넓은 이익률에서 혜택을 볼 것으로 기대하고 있습니다.

Greenwave Technology Solutions (NASDAQ: GWAV) a annoncé que le PDG Danny Meeks sera interviewé sur Varney & Co. de Fox Business Network à 11h30 EST. L'interview portera sur l'impact des futurs tarifs de 25 % sur l'acier et l'aluminium, qui entreront en vigueur le 12 mars 2025, sur les prix et la demande de métaux de récupération aux États-Unis.

En tant que fournisseur leader de métaux recyclés et de débris prêts à être traités dans la région du Mid-Atlantic, Greenwave a relevé ses prévisions de revenus pour l'exercice 2025 à 47-50 millions de dollars. L'entreprise, avec des opérations stratégiques en Virginie, en Caroline du Nord et dans l'Ohio, s'attend à bénéficier d'une demande accrue et de marges bénéficiaires plus larges alors que l'industrie de l'acier américaine se tourne vers l'approvisionnement national.

Greenwave Technology Solutions (NASDAQ: GWAV) gab bekannt, dass CEO Danny Meeks um 11:30 Uhr EST in der Sendung Varney & Co. des Fox Business Networks interviewt wird. In dem Interview wird es um die Auswirkungen der bevorstehenden 25%igen Zölle auf Stahl und Aluminium, die am 12. März 2025 in Kraft treten, auf die Preise und die Nachfrage nach Schrottmetallen in den USA gehen.

Als führender Anbieter von schrott- und recyclingfähigen Metallen in der Mid-Atlantic-Region hat Greenwave seine Umsatzprognose für das Geschäftsjahr 2025 auf 47-50 Millionen Dollar angehoben. Das Unternehmen, das strategische Betriebe in Virginia, North Carolina und Ohio hat, erwartet, von einer steigenden Nachfrage und größeren Gewinnmargen zu profitieren, während sich die US-Stahlindustrie zunehmend auf inländische Beschaffung verlagert.

Positive
  • Raised FY 2025 revenue guidance to $47-50M
  • Expected profit margin expansion from new tariffs
  • Strategic positioning in key Mid-Atlantic markets
  • Anticipated surge in demand due to 25% steel tariffs
Negative
  • None.

CHESAPEAKE, Va., March 6, 2025 /PRNewswire/ -- Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) ("Greenwave" or the "Company"), today announced that its Chairman and Chief Executive Officer, Danny Meeks, is expected to be interviewed on Fox Business Network's Varney & Co. at 11:30am EST today.

$GWAV Positioned to Win Big on Metal Tariffs, Raises Revenue Guidance to $47-50 Million for FY 2025

The interview is expected to focus on surging prices and demand for U.S. scrap metal resulting from President Trump's recently announced 25% steel and aluminum tariffs set to take effect on March 12, 2025.

$GWAV Positioned to Win Big on Metal Tariffs

As one of the Mid-Atlantic's dominant suppliers of mill-ready shred and other recycled metals, Greenwave anticipates surging demand and expanding profit margins throughout fiscal year 2025. With the U.S. steel and metals industry shifting toward domestic sourcing, Greenwave's strategic position in Virginia, North Carolina, and Ohio places it at the epicenter of these game-changing industry dynamics.

About Greenwave Technology Solutions, Inc.
Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) operates 13 metal recycling facilities supplying leading steel mills and industrial partners with 100% domestically-sourced metals. Headquartered in Chesapeake, VA, Greenwave plays a critical role in infrastructure projects and U.S. national security, with operations across Virginia, North Carolina, and Ohio. For more information, visit www.GWAV.com.

For detailed financials and updates, visit www.GWAV.com.

Forward-looking Statements
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These include, without limitation, statements about its revenue growth, opening of additional locations, margin expansion and cashflow projections. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although the Company believes that its plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, the Company can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond the Company's control), assumptions and other factors that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results may differ materially from those in the forward-looking statements and the trading price for the Company's common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the SEC. Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

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SOURCE Greenwave Technology Solutions

FAQ

What is the new revenue guidance for Greenwave Technology Solutions (GWAV) for FY 2025?

Greenwave Technology Solutions has raised its revenue guidance to $47-50 million for fiscal year 2025.

How will the new 25% steel tariffs impact Greenwave Technology Solutions (GWAV)?

The tariffs are expected to increase demand and profit margins for GWAV as a major Mid-Atlantic supplier of recycled metals due to increased domestic sourcing.

When will the new steel and aluminum tariffs take effect for GWAV operations?

The 25% steel and aluminum tariffs are set to take effect on March 12, 2025.

In which states does Greenwave Technology Solutions (GWAV) operate?

GWAV operates in Virginia, North Carolina, and Ohio.

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