Aeva Q1 revenue $1.1M, GAAP net loss per share $0.15 vs $0.12 YoY; cash $414.5M

Aeva Technologies, Inc.

2023-Q1 EPS reported -$0.15 revenue$1,137,000

Revenue $1.1M in Q1 2022, up from $0.3M in Q1 2021.
GAAP net loss per share $0.15 vs $0.12 YoY; non-GAAP loss per share $0.13 vs $0.10.
Cash, cash equivalents and marketable securities $414.5M as of March 31, 2022.
Aeries II deliveries on track to begin in late Q2; first units manufactured, validation completed.
NASA to use Aeva 4D LiDAR for lunar navigation; first FMCW LiDAR on NVIDIA DRIVE platform.

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