Hyliion Holdings Corp. (HYLN) Q3 2024 Earnings Call Transcript Summary
Hyliion Holdings Corp. (HYLN) Q3 2024 Earnings Call Transcript Summary
The following is a summary of the Hyliion Holdings Corp. (HYLN) Q3 2024 Earnings Call Transcript:
以下是hyliion控股公司(HYLN)2024年第三季度業績會語音記錄的摘要:
Financial Performance:
財務表現:
Hyliion highlighted a significant reduction in operating expenses to $14.2 million for Q3 2024, down significantly from $33.3 million in Q3 2023.
The company reported a total net loss of $11.2 million in Q3 2024, which is an improvement from a $30.3 million net loss in Q3 2023.
hyliion強調在2024年第三季度營業費用顯著減少至1420萬美元,較2023年第三季度的3330萬美元大幅下降。
該公司報告稱2024年第三季度的淨虧損爲1120萬美元,相較於2023年第三季度的3030萬美元淨虧損有所改善。
Business Progress:
業務進展:
Hyliion has made substantial progress with its KARNO generator, completing beta development and moving to testing and validation stages.
The company expects to begin initial deliveries of the KARNO generator to early adopter customers starting in late 2024 and ramp up commercialization by mid-2025.
Hyliion secured a new contract with the US Office of Naval Research worth up to $16 million to explore the generator's use in naval applications.
Notable market interest from the data center sector is driving the development of a 2-megawatt KARNO generator system to be available in 2026.
hyliion在其KARNO發電機方面取得了重大進展,完成了測試版開發,並進入測試和驗證階段。
該公司預計將在2024年底開始向早期採用客戶交付KARNO發電機,並在2025年中期加大商業化進程。
hyliion與美國海軍研究辦公室簽署了一項新合同,價值高達1600萬美元,以探索發電機在海軍應用中的使用。
數據中心板塊的顯著市場興趣推動了一個2兆瓦KARNO發電機系統的開發,預計將在2026年提供。
Opportunities:
機會:
Secured Letters of Intent for KARNO generator exceed planned production in 2025, highlighting strong market confidence and demand for the product.
Hyliion is entering the renewable power generation market, supported by their generator's qualification under California's renewable portfolio standard.
KARNO發電機的意向書超過2025年計劃的生產,突顯出市場對該產品的強烈信心和需求。
Hyliion正在進入可再生電力發電市場,得益於其發電機在加州可再生能源組合標準下的資格認證。
Risks:
風險:
Hyliion noted that while many early adopter units of KARNO generators will be deployed, these will require in-field performance monitoring and feedback incorporation to ensure product readiness and reliability before broader commercial deployment.
Hyliion指出,儘管許多KARNO發電機的早期採用單位將會投入使用,但這些需要進行現場性能監控和反饋整合,以確保產品在更廣泛商業部署前的準備和可靠性。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。