Aeva Q3 revenue $1.4M, GAAP net loss $0.17/share; Aeries II production up 300%

Aeva Technologies, Inc.

2022-Q3 EPS reported -$0.48 revenue$4,004,000

Revenue of $1.4M in Q3 2022 vs $3.5M in Q3 2021, down 60%.
GAAP operating loss $37.8M (up from $27.4M); net loss per share $0.17 vs $0.13.
Non-GAAP net loss per share $0.14 vs $0.09; cash and equivalents $350.8M.
Aeries II production increased 300% in Q3; shipped to 25+ customers and advanced to RFQ stage.
Signed joint development agreement with Nikon for first high precision product targeting production 2024.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Aeva Technologies, Inc. reported third quarter ended September 30, 2022 results: revenue $1.4 million.

Period: third quarter ended September 30, 2022
Revenue: $1.4 million
Result: reported results

Exact text from the filing

• Cash, Cash Equivalents and Marketable Securities o Cash, cash equivalents and marketable securities of $350.8 million as of September 30, 2022 • Revenue o Revenue of $1.4 million in Q3 2022, compared to $3.5 million in Q3 2021 • GAAP and Non-GAAP Operating Loss* o GAAP operating loss of $37.8 million in Q3 2022, compared to GAAP operating loss of $27.4

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Source: SEC EDGAR

accession 0000950170-22-023219

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