Aeva Q2 2023 revenue $0.7M, operating loss $38.2M; Top-10 OEM collaboration

Aeva Technologies, Inc.

2023-Q2 EPS reported -$0.32 revenue$1,891,000

Revenue $0.7M in Q2 2023 vs $1.5M in Q2 2022; GAAP operating loss $38.2M vs $35.7M.
Cash, cash equivalents and marketable securities $261.2M as of June 30, 2023.
Non-GAAP operating loss $31.1M; non-GAAP net loss per share $0.13 (same as Q2 2022).
Strategic collaboration agreement with Top-10 OEM to develop perception stack using Aeva's 4D data.
First rail win with Railergy to replace 3D LiDAR for automated train operations at major European freight carrier.

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 second quarter ended June 30, 2023 results: revenue $0.7 million, EPS GAAP net loss per share of $0.16.

Period: second quarter ended June 30, 2023
Revenue: $0.7 million
EPS: GAAP net loss per share of $0.16
Result: reported results

Exact text from the filing

Highlights • Cash, Cash Equivalents and Marketable Securities o Cash, cash equivalents and marketable securities of $261.2 million as of June 30, 2023 • Revenue o Revenue of $0.7 million in Q2 2023, compared to revenue of $1.5 million in Q2 2022 • GAAP and Non-GAAP Operating Loss* o GAAP operating loss of $38.2 million in Q2 2023, compared to GAAP operating loss

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

Aeva Technologies, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-039812

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