QuantumScape’s fourth quarter adjusted loss per share of $0.22 exceeded market expectations

On February 13th, QuantumScape, a US company that develops solid-state rechargeable lithium metal batteries for electric vehicles, reported an adjusted loss of $0.22 per share in the fourth quarter, with analysts expecting a loss of $0.21; After adjusting for the fourth quarter, the operating loss was $94.5 million, and analysts expected a loss of $105.1 million; Adjusted EBITDA loss for the fourth quarter was $64.7 million, with analysts expecting a loss of $71.5 million.

Scan code to share
www.ecbnnews.com