earnings
confidence high
sentiment neutral
materiality 0.65
Aeva Q3 revenue $2.3M, GAAP net loss $0.70/share; wins multi-year airport deployment with The Indoor Lab
Aeva Technologies, Inc.
2024-Q3 EPS reported
-$2.18
revenue$6,369,000
- Revenue $2.3M (up from $0.8M YoY); GAAP operating loss $37.9M; GAAP net loss $0.70/share vs $0.75.
- Non-GAAP operating loss $31.4M; non-GAAP net loss $0.55/share vs $0.63.
- The Indoor Lab multi-year production win to deploy Aeva 4D LiDAR at JFK and SFO airports, plus other large venues.
- Major European OEM selected Aeva for automated vehicle validation; RFQ with global top 10 OEM advancing.
- Torc/Daimler validated fully driverless ops at highway speeds using Aeva; Atlas shipments pulled forward ~2 quarters.