QS - What's Going On With QuantumScape Stock Thursday? | Benzinga
QuantumScape Corp (NYSE:QS) shares are trading lower Thursday on the heels of the company’s fourth-quarter financial results.
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. Full-year 2024 capital expenditures are expected to be between $70 million and $120 million.
The company said it plans to begin providing ...