AEVA Earnings Prediction
The chart below shows how AEVA performed 10 days before and after its earnings report, based on data from the past quarters. Typically, AEVA sees a +3.81% change in stock price 10 days leading up to the earnings, and a -5.34% change 10 days following the report. On the earnings day itself, the stock moves by -2.22%. This data can give you a slight idea of what to expect for the next quarter's release.
AEVA Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
2.25M
177.78%
11.83%
Gross Margin
-32.04%
-84.87%
-23.99%
Operating Margin
-1683.38%
-61.59%
-9.47%
Net Margin
-1662.04%
-59.50%
-22.94%
EPS
-0.70
-366.67%
-14.63%
No Data Available
AEVA Earnings Analysis
Aeva Technologies, Inc. Corporation (AEVA.N) Earnings Conference Call
Positive
Revenue Achievement in Q3: Aeva achieved a revenue of $2.3 million in Q3, indicating a scaling of sensor shipments to automotive and industrial customers.
Strong Liquidity Position: Aeva's liquidity totaled $259.8 million at the end of Q3, comprising $134.8 million in cash and cash equivalents, positioning the company strongly for future growth.
Major Industrial Production Win: The company secured a major industrial production win with The Indoor Lab, enabling deployment of Aeva's 4D LiDAR technology across multiple large locations in the U.S.
Autonomous Truck Milestones: Aeva's partnership with Daimler Truck has led to significant milestones in autonomous truck production, with successful validation of fully driverless operations at high speeds of 65 miles per hour.
4D LiDAR Revenue Potential: Aeva continues to see growing interest in its unique 4D LiDAR technology, with expectations of approximately $50 million in revenue potential over the next few years.
Negative
Q3 Revenue Increase: Revenue in Q3 was $2.3 million, representing scaling of our sensor shipments to automotive and industrial customers as well as our Daimler Truck program.
Non-GAAP Operating Loss: Our non-GAAP operating loss was $31.4 million for the quarter.
Operating Cash Usage: Gross cash used was $26.4 million in the third quarter, which is defined as operating cash use of $25.9 million and capital expenditure of $0.5 million.
Liquidity Overview: Aeva's liquidity totaled $259.8 million at the end of Q3, comprised of $134.8 million in cash, cash equivalents and marketable securities and a $125 million of available undrawn equity facility.
Production Partnership Strength: We believe this places Aeva in a strong position to support our current production partners for their SOP launches as well as securing additional production program wins that our team is engaged on.
AEVA FAQs
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AEVA Earning Call Sentiment
Aeva Technologies, Inc. (AEVA) Q3 2024 Earnings Call Transcript
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AEVA.N
-5.34%Positive
The earnings call summary presents a mixed picture. While there is positive news regarding accelerated shipments and future revenue opportunities, the financial performance is weak, with a significant operating loss and cash burn. The Q&A section reveals optimism about potential revenue but also highlights supply chain and competitive pressures. The overall sentiment is neutral due to the balance between growth prospects and financial challenges. Additionally, the lack of a new partnership announcement or guidance changes tempers the potential for a strong positive reaction.