Hyzon Motors (HYZN) Reports In-Line Q4 EPS

March 23, 2022 6:52 AM EDT

Hyzon Motors (NASDAQ: HYZN) reported Q4 EPS of ($0.12), in-line with the analyst estimate of ($0.12). Revenue for the quarter came in at $5.09 million, versus $0 reported last year.

2022 Business Outlook

  • Expect to deliver 300-400 vehicles with deliveries heavily weighted towards the back half of the year as the industry navigates supply chain challenges and global uncertainties
  • Expect to commence assembling vehicles using our flagship, made in the USA, high power-density fuel cells during the second half of 2022
  • In North America, we expect to have 10-15 Hyzon fuel cell demonstration trucks deployed to multiple trial customers by year end
  • In Europe, Australia, and China, expect to ramp up deliveries and streamline assembly processes to meet increasing demand
  • Anticipate a Hyzon / Raven gas-to-hydrogen hub and waste-to-hydrogen hub online by year end

For earnings history and earnings-related data on Hyzon Motors (HYZN) click here.

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