Hyliion Reports Third Quarter 2020 Financial Results

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Go back to Hyliion Reports Third Quarter 2020 Financial Results

Hyliion Holdings (HYLN) Tops Q3 EPS by 10c

November 12, 2020 7:07 AM EST

Hyliion Holdings (NYSE: HYLN) reported Q3 EPS of ($0.76), $0.10 better than the analyst estimate of ($0.86).

Key Business Highlights

Completed strategic combination between Hyliion Inc. and Tortoise Acquisition Corp. on October 1, 2020, yielding approximately $520 million in net proceeds to fund Hyliions growth plans and long-term objectivesInstalled eight hybrid electric units in the third quarter of... More