QS - QuantumScape Stock Slides On Q4 Earnings: The Details | Benzinga
QuantumScape Corp (NYSE:QS) reported fourth-quarter financial results Wednesday after the bell. Here’s a rundown of the report.
What Happened: QuantumScape reported a fourth-quarter loss of 23 cents per share, which beat estimates for a loss of 43 cents per share, according to Benzinga Pro.
QuantumScape said capital expenditures in the fourth quarter totaled $13.8 million, and operating expenses came in at $124.6 million.
The company said it plans to begin providing adjusted EBITDA guidance for improved comparability to other companies. QuantumScape reported an adjusted EBITDA loss of $60.7 million in the fourth quarter. The company ended the quarter with $1.07 billion in liquidity.
QuantumScape highlighted key component-level improvements ...