XL Fleet (XL) Tops Q2 EPS by 8c

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Go back to XL Fleet (XL) Tops Q2 EPS by 8c

XL Fleet Announces Second Quarter 2022 Financial Results

August 9, 2022 4:05 PM EDT

WIXOM, Mich.--(BUSINESS WIRE)-- XL Fleet Corp. (NYSE: XL) (XL Fleet or the Company), a leading provider of fleet electrification solutions and energy efficiency, today announced second quarter 2022 financial results.

Second Quarter 2022 and Recent Highlights

Generated revenue for second quarter of 2022 of $3.0 million, compared to $3.7 million in the prior year Realized gross profit for the second quarter of 2022 of $0.6 million versus gross profit of $1.0 million in the prior year Exited second quarter of 2022 with cash and cash equivalents of approximately $322.4 million Appointed... More