earnings
confidence high
sentiment neutral
materiality 0.70
Aeva Q3 revenue $3.5M, net loss $0.13/share; wins Plus production, selects Fabrinet
Aeva Technologies, Inc.
2022-Q3 EPS reported
-$0.36
revenue$6,392,000
- Revenue $3.5M (up from $1.9M YoY); GAAP net loss $0.13/share vs $0.03 loss last year.
- Non-GAAP operating loss $19.9M; cash & equivalents $477.7M.
- Production win with Plus to supply 4D LiDAR for PlusDrive autonomous trucks.
- Selected Fabrinet (IATF 16949 certified) for automotive-grade 4D LiDAR chip module manufacturing.
- On track to complete B sample development by year-end with partner deliveries in 2022.