earnings
confidence high
sentiment neutral
materiality 0.50
SES AI prelim Q4 revenue $1.5-2.0M, year-end liquidity $260-265M
SES AI Corp
2024-FY EPS reported
-$0.31
revenue$2,040,000
- Expects Q4 2024 revenue of $1.5M to $2.0M, earlier than originally anticipated.
- Year-end liquidity (cash and short-term investments) between $260M and $265M, no debt.
- Full Q4 and FY 2024 results plus initial FY 2025 guidance to be released Feb 25, 2025.
- Revenue driven by OEM partner contracts for AI battery material discovery and drone battery purchase order.