VIEW - View GAAP EPS of -$0.41 misses by $0.02 revenue of $44.24M misses by $1.76M

2023-03-29 16:42:57 ET

• View press release ( NASDAQ: VIEW ): Q4 GAAP EPS of -$0.41 misses by $0.02 .
• Revenue of $44.24M (+55.6% Y/Y) misses by $1.76M .
• As of January 1, 2023, View Smart Windows qualify for the Investment Tax Credit, a 30% to 50% U.S. Federal tax credit intended to drive widespread adoption of smart windows, similar to solar, wind and stand-alone storage technologies.
• View launched its residential product offering to capitalize on the large and growing opportunity for smart windows in the multi-family sector.
• View completed a $212 million financing through the sale of convertible senior notes to support View’s continued growth and path to profitability.
• View ended Q4 2022 with $198 million of cash, cash equivalents, and short-term investments.
• Shares +8.7% .

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