FREY - FREYR Battery GAAP EPS of -$0.18 beats by $0.04
2023-08-10 06:07:00 ET
- FREYR Battery press release ( NYSE: FREY ): Q2 GAAP EPS of -$0.18 beats by $0.04 .
- As of June 30, 2023, FREYR had cash, cash equivalents, and restricted cash of $383.8 million.
- Business Outlook: Execute the recently initiated testing program for Nidec, integrate production line equipment modules to reach fully automated production of cells and modules, and ramp production of testable batteries.
- Complete the project-level equity raise for Giga America with strategic and prospective financial partners, reach Final Investment Decision for Phase 1a of Giga America, and commence construction before year-end 2023.
- Finalize the redomiciling process to the United States by year-end 2023.
For further details see:
FREYR Battery GAAP EPS of -$0.18 beats by $0.04