earnings
confidence high
sentiment positive
materiality 0.65
Expion360 Q2 revenue up 14% sequentially to $1.7M; net loss improves to $1.5M
Expion360 Inc.
2024-Q2 EPS
reported -$0.50
vs consensus -$27.54
▲ beat
(+98.2%)
- Revenue $1.7M, +14% sequentially but -22% YoY from $2.2M.
- Net loss $1.5M ($0.21 per share); improved from $4.1M loss ($0.62 loss) YoY.
- Gross margin 26.3% vs 32.1% YoY; cash $3.6M, down from $7.2M at Dec 31, 2022.
- Dealer network expanded to >300; selected as strategic supplier by Chinook RV; launched LEV battery.
- Entered LEV market with e360 SmartTalk battery; pre-orders substantial; home energy storage targeted for 2024.