Xos Reaffirms FY24 Guidance For Deliveries Of 400 - 600 Units, Revenue Of $66.7M - $100.4M, Est $80.98M
Portfolio Pulse from Benzinga Newsdesk
Xos has reaffirmed its FY24 guidance for deliveries of 400-600 units and revenue between $66.7 million and $100.4 million, with an estimated revenue of $80.98 million.
August 13, 2024 | 8:29 pm
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Xos has reaffirmed its FY24 guidance for deliveries of 400-600 units and revenue between $66.7 million and $100.4 million, with an estimated revenue of $80.98 million.
Reaffirming guidance provides investors with confidence in the company's performance and future prospects. The revenue range and delivery targets are in line with expectations, which is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100