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home / news releases / HYLN - Hyliion Holdings reports mixed Q1 earnings; updates FY23 outlook


HYLN - Hyliion Holdings reports mixed Q1 earnings; updates FY23 outlook

2023-05-10 00:37:03 ET

  • Hyliion Holdings press release ( NYSE: HYLN ): Q1 GAAP EPS of -$0.16 beats by $0.02 .
  • Revenue of $0.31M (-8.8% Y/Y) misses by $0.34M .
  • Ended the quarter with $385 million of total capital.
  • 2023 Guidance: Updated forward guidance includes total operating expense of approximately $130 million and total cash consumed in operating losses, capital spending and working capital of approximately $150 million for the year, compared to the prior estimate of approximately $200 million.

For further details see:

Hyliion Holdings reports mixed Q1 earnings; updates FY23 outlook
Stock Information

Company Name: Hyliion Holdings Corp. Class A
Stock Symbol: HYLN
Market: NYSE
Website: hyliion.com

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