XL Fleet Announces First Quarter 2021 Financial Results

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XL Fleet (XL) Reports Q1 EPS of $0.42

May 17, 2021 4:44 PM EDT

XL Fleet (NYSE: XL) reported Q1 EPS of $0.42, versus ($0.08) reported last year. Revenue for the quarter came in at $675 thousand, versus $1.23 thousand reported last year.

Outlook:

Demand for our electrified solutions continues to increase and customer engagement remains robust, added Mr. Kazarinoff. However, the previously discussed supply chain issues stemming... More