TuSimple Q2 revenue $2.6M (+73% YoY), operating loss $110.7M, CFO leaves, guidance updated

TuSimple Holdings Inc.

2022-Q2 EPS reported -$0.99 revenue$4,858,000

Revenue $2.6M (+73% YoY, +13% QoQ); cumulative road miles 8.1M (+13% QoQ).
Adjusted EBITDA loss $82.7M; R&D spend $85.5M (+13% YoY); SG&A $22.0M (-49% YoY).
CFO Patrick Dillon departs; Eric Tapia named Interim CFO; other exec promotions (CHRO, EVP Ops, EVP Tech).
Added 10 truck reservations from an existing partner; total reservations 7,485; partnership with Hegelmann Group.
Guidance updated for 2022 adjusted EBITDA, SBC, CapEx, and ending cash; regulatory progress in KS, WV.

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