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Waverley Capital Acquisition Corp 1  (WAVC)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $10.4302 $-0.01 -0.094%
Day's High: $10.45 Week Perf: 0.29 %
Day's Low: $ 10.42 30 Day Perf: 0.48 %
Volume (M): 104 52 Wk High: $ 10.70
Volume (M$): $ 1,089 52 Wk Avg: $10.32
Open: $10.42 52 Wk Low: $10.17



 Market Capitalization (Millions $) 224
 Shares Outstanding (Millions) 21
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 7
 Cash Flow (TTM) (Millions $) 2
 Capital Exp. (TTM) (Millions $) 0

Waverley Capital Acquisition Corp 1
Waverley Capital Acquisition Corp 1 is a special purpose acquisition company (SPAC) incorporated in Delaware. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company aims to identify and acquire a target company in the technology, media, telecom, consumer, and healthcare sectors. Waverley Capital Acquisition Corp 1 is listed on the New York Stock Exchange under the ticker symbol WVRA.U.


   Company Address: 1330 Avenue of the Americas New York 10019 NY
   Company Phone Number: 308-9907   Stock Exchange / Ticker: NYSE WAVC
   WAVC is expected to report next financial results on March 29, 2024.


   

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Waverley Capital Acquisition Corp 1

WAVC Reveals Astounding Q2 2023 Figures: Waverley Capital Acquisition Corp 1 Soars to New Heights!


Introduction
The April to June 30, 2023 reporting season has provided us with some interesting insights, particularly in the Blank Checks industry. Among them, WAVC (Waverley Capital Acquisition Corp 1) stands out as an ascending business, exhibiting impressive improvement compared to the previous year. Despite not realizing any revenues yet, WAVC has managed to reduce its operating deficit and achieve a significant surge in net profits. Let's delve deeper into the financial performance of WAVC during this reporting period.
Operating Deficit Reduction
During the specified timeframe, WAVC disclosed an operating deficit of $-0.272652 million, which marks a significant improvement from the $-0.285635 million operating deficit reported in the second quarter of 2022. This reduction in operating deficit indicates that WAVC has been able to compete more competently in the market.

Waverley Capital Acquisition Corp 1

Waverley Capital Acquisition Corp 1 Reports Operating Loss of $-0.328442 Million in Q1 2023 Financial Results

As the earnings cycle of fiscal January to March 31, 2023, resumes, corporations across various sectors have started disclosing their financial numbers. One of the notable sectors in the limelight is the Blank Checks sector, which has seen several constituents reveal their performance data. Waverley Capital Acquisition Corp 1 is one such constituent of the Blank Checks sector that recently published its first-quarter earnings report.
In the report, Waverley Capital Acquisition Corp 1 disclosed an operating loss of $-0.328442 million for the first quarter of the 2023 earnings season. This period is crucial for the company as stakeholders expect new revenue sources to start coming in as soon as possible. However, it seems that shareholders are not relying on the organization's current expertise at WAVC.






 




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