Hyliion Holdings reports Q3 earnings miss; reaffirms FY22 guidance range

Nov. 09, 2022 1:00 AM ETHyliion Holdings Corp. (HYLN)By: Meghavi Singh, SA News Editor7 Comments
  • Hyliion Holdings press release (NYSE:HYLN): Q3 GAAP EPS of -$0.36 misses by $0.14.
  • Revenue of $0.5M misses by $0.16M from Hybrid and full truck sales with approximately $1.3M in backlog of Hybrid systems.
  • For full-year 2022, Hyliion projects revenue of approximately $2 million vs. consensus of $1.92M from Hybrid sales and the sale of full trucks with Hybrid systems and expects its operating expenses to be ~$130M.

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