Aeva Technologies Q3 2023 Adj EPS $(0.13) Beats $(0.15) Estimate, Revenue $810K Misses $840K Estimate
Portfolio Pulse from Benzinga Newsdesk
Aeva Technologies reported Q3 2023 adjusted EPS of $(0.13), beating the $(0.15) estimate. However, the company's revenue of $810K fell short of the $840K estimate.
November 08, 2023 | 8:49 pm
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Aeva Technologies reported better-than-expected Q3 2023 EPS but missed on revenue. This mixed report may lead to volatility in the stock's price.
Aeva Technologies reported a better-than-expected EPS for Q3 2023, which is a positive signal for investors and could drive the stock price up. However, the company missed the revenue estimate, which could negatively impact the stock price. The mixed results may lead to short-term volatility in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100