TuSimple (TSP) Misses Q4 EPS by 1c

TuSimple (NASDAQ: TSP) reported Q4 EPS of ($0.53), $0.01 worse than the analyst estimate of ($0.52). Revenue for the quarter came in at $2.05 million versus the consensus estimate of $2.16 million.

• Landmark Driver Out Operations: TuSimple completed the world’s first fully driverless semi-truck runs on open public roads
  • Seven runs completed to date, over 550 miles cumulatively with no human operation, no traffic interference
  • Plans to haul driver out freight for Union Pacific this spring
  • Driver Out program to continue with intent to scale to commercialization in the next two years
• Proprietary Autonomous Domain Controller with NVIDIA: Developing vertically integrated edge computing platform for our Autonomous Driving System in collaboration with NVIDIA
• Keeping our Promises: Delivered on our major technology, commercial and financial goals for 2021

For earnings history and earnings-related data on TuSimple (TSP) click here.

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