XL Fleet (XL) Reports In-Line Q4 EPS
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XL Fleet Announces Fourth Quarter and Full-Year 2021 Financial Results
March 1, 2022 4:05 PM ESTBOSTON--(BUSINESS WIRE)-- XL Fleet Corp. (NYSE: XL) (XL Fleet or the Company), a leading provider of fleet electrification solutions, today announced fourth quarter and full-year 2021 financial results.
Fourth Quarter, Full-Year 2021 and Recent Highlights
Generated revenue for fourth quarter of 2021 of $8.0 million, compared to $10.9 million in the prior year Realized gross loss for the fourth quarter of 2021 of $1.6 million, compared to gross profit of $2.0 million in the prior year Exited fourth quarter of 2021 with cash and cash equivalents of approximately $352 million Appointed automotive and... More