Amprius Q3 revenue hits $7.9M, doubling Q2; net loss $0.10 per share

Amprius Technologies, Inc.

2024-Q3 EPS reported -$0.34 revenue$13,536,000

Revenue $7.9M, up 81% sequentially and 176% YoY; product revenue $6.1M.
GAAP net loss $10.9M ($0.10 per share) vs $0.13 in Q2 2024.
Gross margin negative 65% vs negative 195% in Q2; impacted by Colorado design costs.
Cash $35.0M, no debt; operating cash burn $9.5M for the quarter.
Added 53 new customers; signed two Fortune 500 agreements including a 5-year LOI up to 2 GWh.

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