earnings
confidence high
sentiment neutral
materiality 0.65
Amprius Q1 revenue $2.3M, up 397% YoY; shipped to 82 customers, double Q4
Amprius Technologies, Inc.
2024-Q1 EPS reported
-$0.11
revenue$2,336,000
- Product revenue $2.3M (all product; no dev services); 147% sequential increase.
- Gross margin negative 190%, improved from -518% YoY but worse than -98% Q4 2023.
- Net loss $9.9M, EPS -$0.11 on 90M weighted avg shares; cash $39M, no debt.
- Customer base doubled to 82 in Q1; 76 received SiCore products; SiCore platform launched.
- Fremont 2 MWh line on track for year-end; Colorado facility design 30% complete, shifted to SiCore.