earnings
confidence high
sentiment neutral
materiality 0.70
Solid Power Q3 revenue $6.4M, ships first A-sample EV cells to BMW; net loss $0.08/share
Solid Power, Inc.
2023-Q3 EPS reported
-$0.26
revenue$15,063,000
- Revenue $6.4M (+$3.6M YoY); operating loss $21.5M; net loss $15.1M ($0.08/share).
- First A-1 EV cell deliveries to BMW, entering formal automotive qualification.
- Total liquidity $422.3M as of Sept 30; capex $29.5M YTD for SP2 facility.
- 2023 outlook: revenue $15-20M unchanged; cash ops and capex slightly below prior guidance.
- SP2 electrolyte production ramped up; SP1 phased out.