earnings
confidence high
sentiment neutral
materiality 0.60
Amprius Q2 revenue $1.6M, net loss $9.4M; record 27 customers
Amprius Technologies, Inc.
2023-Q2 EPS reported
-$0.22
revenue$2,311,000
- Revenue $1.6M (up 136% YoY); product revenue up $0.6M to $1.3M; development services $0.3M.
- GAAP net loss $9.4M ($0.11/share) vs $4.2M ($0.06/share) a year ago; gross margin -186%.
- Cash $65.0M, no debt; cash used in ops $5.6M in quarter; $8.1M drawn from equity facility.
- Customer count hit 27 (record), up from 16 YoY; new engagements with Airbus, AeroVironment, Teledyne FLIR, and a high-performance automotive OEM.
- New 400 Wh/kg, 10C discharge battery cell for eVTOL; completed U.S. Army safe cell program; BAE Systems stratospheric flight using Amprius cells.