QuantumScape Reports Fourth Quarter 2023 Business and Financial Results

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QuantumScape (QS) shares dip on earnings miss; New CEO appointed

February 15, 2024 9:19 AM EST

SAN JOSE - QuantumScape Corporation (NYSE: QS), a pioneer in the development of solid-state lithium-metal batteries, reported a fourth-quarter earnings miss, with an adjusted EPS of ($0.23), which was below the analyst estimate of ($0.19).

Following the announcement, the company's shares fell by 2.3%.

The company's focus for the... More