Aeva Technologies Q4 2023 Adj EPS $(0.120) Beats $(0.150) Estimate, Sales $1.611M Beat $1.575M Estimate
Portfolio Pulse from Benzinga Newsdesk
Aeva Technologies (NYSE:AEVA) reported Q4 2023 adjusted EPS of $(0.120), surpassing the $(0.150) estimate, and sales of $1.611M, exceeding the $1.575M estimate. This represents a significant improvement over the previous year, with a 29.41% decrease in losses per share and a 756.91% increase in sales.
March 05, 2024 | 9:27 pm
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Aeva Technologies reported a smaller loss per share and higher sales than expected in Q4 2023, indicating strong performance and growth.
Aeva Technologies' better-than-expected Q4 earnings report, with a significant year-over-year improvement in both EPS and sales, suggests a positive outlook for the company. This performance could lead to increased investor confidence and a potential short-term uptick in AEVA's stock price.
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RELEVANCE 100