Hyliion Holdings (NYSE:HYLN) reported its Q1 earnings results on Tuesday, May 9, 2023 at 05:23 PM.
Here’s what investors need to know about the announcement.
Earnings
Hyliion Holdings beat estimated earnings by 11.11%, reporting an EPS of $-0.16 versus an estimate of $-0.18.
Revenue was down $30 thousand from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 0.0% increase in the share price the next day.
Here’s a look at Hyliion Holdings’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.20 | -0.22 | -0.20 | -0.19 |
| EPS Actual | -0.16 | -0.36 | -0.19 | -0.16 |
| Revenue Estimate | 790K | 660K | 370K | 350K |
| Revenue Actual | 1.09M | 499K | 172K | 340K |
To track all earnings releases for Hyliion Holdings visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
