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FREY

FREYR Battery

https://www.freyrbattery.com

Industry

Electrical Equipment & Parts

FREYR Battery engages in the production and sale of battery cells for stationary energy storage, electric mobility, and marine applications in Europe and internationally. The company designs and manufactures lithium-ion based battery cell facilities. The company was founded in 2018 and is based in Luxembourg.

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FREYR Battery shares are trading higher following the successful completion of its first production trial of unit cells at the Customer Qualification Plant.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 2:52 pm

The article highlights the pre-market movements of various industrial stocks on Wednesday. Notable gainers include Greenwave Tech Solns (GWAV), CDT Environmental (CDTG), Nxu (NXU), Dycom Industries (DY), Simpple (SPPL), and FREYR Battery (FREY). On the losing side, Ault Alliance (AULT), Perma-Fix Envirn Servs (PESI), Complete Solaria (CSLR), iPower (IPW), Golden Ocean Group (GOGL), and Primech Holdings (PMEC) saw declines.

Portfolio Pulse from Benzinga Insights

May 22, 2024 | 12:06 pm

FREYR Battery has completed its first production trial at the Customer Qualification Plant (CQP), marking a significant milestone in giga scale lithium-ion manufacturing. This positions FREYR as a leading partner in advanced lithium-ion battery production technologies.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 11:07 am

FREYR Battery's stock price increased following the announcement of its Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 4:51 pm

FREYR Battery (NYSE:FREY) reported a Q1 2024 GAAP EPS loss of $(0.20), missing the consensus estimate of $(0.19) by 5.26%. This represents a 122.22% increase in losses compared to $(0.09) per share from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:03 am

FREYR Battery announced the addition of Todd Kantor, Tore Ivar Slettemoen, and David Manners to its Board. Concurrently, Jason Forcier and Mimi Berdal resigned as Board directors effective immediately, after stating they would not stand for re-election in April 2024.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 10:06 am

In Monday's pre-market session, Vast Renewables, Nuburu, American Rebel Holdings, Graham, Astra Space, and Shimmick saw gains, while Nuvve Holding, 3M, FREYR Battery, Energous, Quhuo, and Pineapple Energy experienced declines. Notable movements include Vast Renewables' 211.7% increase and 3M's 14.21% decrease.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 12:08 pm

FREYR Battery, Inc. (NYSE:FREY) reported a Q4 FY23 adjusted EPS loss of $(0.13), beating consensus estimates but still showing a net loss of $(24.2) million compared to a net income of $25.3 million a year earlier. Despite the loss, the company has a strong cash position of $275.7 million and plans to focus on achieving production with full automation and developing Giga America with DOE Title 17 loan program support by H1 2024. Shares fell by 5.42% to $1.57.

Portfolio Pulse from Lekha Gupta

February 29, 2024 | 6:01 pm

FREYR Battery's stock is trading lower after the company reported its Q4 earnings, indicating a negative market reaction to the financial results.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 4:44 pm

FREYR Battery announced its expectation to maintain a strong balance sheet and liquidity profile, alongside making selected investments to advance its strategic development. This indicates a positive outlook on the company's financial health and strategic planning.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:19 am

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