earnings
confidence high
sentiment negative
materiality 0.75
Amprius Q2 revenue $3.3M (+105% YoY); net loss $12.5M; gross margin -195%
Amprius Technologies, Inc.
2024-Q2 EPS reported
-$0.24
revenue$5,681,000
- Revenue $3.3M (all product), up 105% YoY and 43% sequentially; net loss $12.5M ($0.13 loss per share).
- Gross margin negative 195% impacted by pre-construction costs; operating expenses $6.4M.
- Cash $46.4M, no debt; net cash increase $7.4M; operating cash flow used $8.0M.
- Shipped to 56 customers, 24 new; new orders $7.6M, backlog up 32% QoQ.
- Colorado facility design 60% complete; Fremont scaling to 2 MWh; contract manufacturing capacity >500 MWh.