earnings
confidence high
sentiment positive
materiality 0.70
Amprius Q3 revenue $0.8M, net loss $4.2M; awarded $50M DOE grant
Amprius Technologies, Inc.
2022-Q3 EPS reported
-$0.17
revenue$3,617,000
- Q3 revenue $0.8M (product $0.5M, services $0.3M); net loss $4.2M ($0.06 diluted EPS).
- Ended quarter with $73.8M cash, no debt; cash up from $11.5M at Dec 2021.
- Received first centrotherm production machine; expect ~10x capacity increase by end of 2023.
- Awarded $50M DOE cost-share grant for EV battery manufacturing; final contract negotiation pending.
- Signed 3-year agreements with Teledyne FLIR and BAE Systems; developed 500Wh/kg battery; added VP of Infrastructure.