Hyliion Q3 net loss narrows to $11.2M; customer commitments exceed 2025 capacity

Hyliion Holdings Corp.

2024-Q3 EPS reported -$0.21

Q3 net loss $11.2M ($30.3M YoY); operating expenses $14.2M ($33.3M YoY).
Cash & investments $237.5M; 2024 cash spend ~$55M; 2025 revenue guidance low double-digit millions.
Customer commitments exceed 2025 KARNO production; LOI with ANA for up to 6 units.
US Navy ONR contract up to $16M; KARNO qualifies under California RPS for renewable fuels.
Plans 2MW KARNO generator for data centers; initial deployment expected in 2026.

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