Hyliion Holdings (HYLN) Tops Q1 EPS by 10c, reaffirms cash expenditure guidance

Hyliion Holdings (NYSE: HYLN) reported Q1 EPS of ($0.09), $0.10 better than the analyst estimate of ($0.19). Revenue for the quarter came in at $0 versus the consensus estimate of $5.3 million.

Guidance:
Reaffirmed guidance of $40 to $50 million cash expenditures in 2024 for KARNO development and capital investments.

For earnings history and earnings-related data on Hyliion Holdings (HYLN) click here.

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