XL Fleet (XL) Reports Q1 EPS of $0.42

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Go back to XL Fleet (XL) Reports Q1 EPS of $0.42

XL Fleet Announces First Quarter 2021 Financial Results

May 17, 2021 4:43 PM EDT

BOSTON--(BUSINESS WIRE)-- XL Fleet Corp. (NYSE: XL) (XL Fleet or the Company), a leading provider of fleet electrification solutions for commercial vehicles in North America, today announced first quarter 2021 financial results.

First Quarter 2021 and Recent Highlights

Generated revenue for first quarter of 2021 of $0.7 million, compared to $1.2 million in the prior year Exited first quarter of 2021 with cash balance of $404 million as of March 31, 2021 Achieved over 4,300 cumulative hybrid and plug-in hybrid systems sold through first quarter of 2021 Appointed Cielo Hernandez, an accomplished financial... More