earnings
confidence high
sentiment negative
materiality 0.60
Aeva Q2 2022: Revenue $1.5M, GAAP EPS -$0.16; ships first Aeries II units
Aeva Technologies, Inc.
2022-Q2 EPS reported
-$0.31
revenue$2,630,000
- Revenue $1.5M vs $2.6M in Q2 2021; GAAP operating loss $35.7M vs $24.7M.
- GAAP net loss per share $0.16; Non-GAAP net loss per share $0.13.
- Began shipping first Aeries II FMCW LiDAR-on-chip to strategic customers.
- Entered multi-year strategic collaboration with SICK AG for industrial automation.
- Cash, cash equivalents and marketable securities of $378.9M as of June 30, 2022.