TuSimple Q3 2022 revenue $2.7M (+49% YoY), operating loss $119.7M

TuSimple Holdings Inc.

2022-Q3 EPS reported -$1.49 revenue$7,511,000

Revenue $2.7M, up 49% YoY and 2% sequentially; revenue per mile down slightly.
Loss from operations $119.7M; Adjusted EBITDA loss $93.6M.
Cumulative autonomous miles surpassed 9M; quarterly revenue miles ~1.21M (+4% QoQ).
Signed leases for two new Texas terminals (South Dallas and San Antonio); now seven total.
Truck hardware upgrade program ongoing; expects completion by end of 2023.

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

TuSimple Holdings Inc. reported financial results for fiscal quarter ended September 30, 2022.

Period: fiscal quarter ended September 30, 2022
Result: reported results

Exact text from the filing

On October 31, 2022, TuSimple Holdings Inc. (“TuSimple” or the “Company”) will hold a conference call regarding its financial results for the fiscal quarter ended September 30, 2022. TuSimple also issued a letter to its stockholders announcing its financial results for the fiscal quarter ended September 30, 2022 (the “Shareholder Letter”).

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Source: SEC EDGAR

accession 0001628280-22-027421

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