Earnings Call Summary | Hyliion(HYLN.US) Q1 2024 Earnings Conference
Earnings Call Summary | Hyliion(HYLN.US) Q1 2024 Earnings Conference
The following is a summary of the Hyliion Holdings Corp. (HYLN) Q1 2024 Earnings Call Transcript:
以下是Hyliion Holdings Corp.（HYLN）2024年第一季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
In Q1 2024, Hyliion recorded a net loss of $15.6 million, a significant decrease from $28.8 million in Q1 2023, primarily due to the shutdown of the powertrain business.
Operating expenses for Q1 2024 were $19 million, down from $31.9 million in Q1 2023.
Hyliion's cash and investments remained strong, ending Q1 2024 with $264 million. During this quarter, the company repurchased 8.7 million shares at an average price of $1.30, spending $11.3 million.
2024年第一季度，Hyliion淨虧損1,560萬美元，較2023年第一季度的2,880萬美元大幅下降，這主要是由於動力總成業務的關閉。
2024年第一季度的運營支出爲1900萬美元，低於2023年第一季度的3190萬美元。
Hyliion的現金和投資保持強勁，截至2024年第一季度，爲2.64億美元。在本季度，該公司以平均1.30美元的價格回購了870萬股股票，花費了1,130萬美元。
Business Progress:
業務進展：
Hyliion continues to focus on the shift towards the KARNO generator, with substantial progress being made.
The company is in line with its capital spending guidance for this year, between $40m to $50m.
Hyliion signed a non-binding Letter of Intent with H2 Energy, planning to adopt up to 10 KARNO generators.
Four markets have been identified for KARNO generator adoption, including EV charging and marine applications, with plans in place to scale production next year.
The company has secured additional customer LOIs across these markets and formed a partnership with BayoTech, a leading producer of hydrogen production hubs.
Hyliion繼續專注於向KARNO發電機的轉變，並取得了實質性進展。
該公司符合其今年的資本支出預期，在4000萬美元至5000萬美元之間。
Hyliion與H2 Energy簽署了一份不具約束力的意向書，計劃採用多達10臺KARNO發電機。
已經確定了採用KARNO發電機的四個市場，包括電動汽車充電和船舶應用，並計劃明年擴大生產。
該公司已在這些市場獲得了更多的客戶意向書，並與領先的氫氣生產中心生產商BayoTech建立了合作伙伴關係。
More details: Hyliion IR
更多詳情： Hyliion IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。