QS - QuantumScape Stock Is Trading Lower: Here's What's Happening | Benzinga
QuantumScape Corp (NYSE: QS) shares are trading lower Thursday on the heels of the company's third-quarter financial results.
What To Know: QuantumScape reported a third-quarter loss of 23 cents per share, which beat estimates for a loss of 30 cents per share, per Benzinga Pro.
The company said operating expenses totaled $121 million in the quarter. Capital expenditures came in at $18 million.
QuantumScape maintained its full-year cash operating expense outlook of $225 million to $275 million and revised its capex guidance lower to a range of $75 million to $100 million.
The company ended the quarter with about ...