earnings
confidence high
sentiment neutral
materiality 0.60
Aeva Q1 2023: revenue $1.1M flat, GAAP operating loss $37.3M, progress on Top-10 OEM
Aeva Technologies, Inc.
2023-Q1 EPS reported
-$0.16
revenue$1,148,000
- Revenue of $1.1M in Q1 2023, unchanged from Q1 2022.
- GAAP operating loss of $37.3M vs $34.1M in prior year; net loss per share $0.16 vs $0.15.
- Non-GAAP net loss per share of $0.13, same as Q1 2022.
- Cash and marketable securities of $288.4M as of March 31, 2023.
- Progress with Top-10 OEM: first vehicles built using Aeva 4D LiDAR; in discussions for perception software development.