Xos, Inc.

XOS

US98423B3069

Auto & Truck Manufacturers

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
7.56 ^USD	-0.40%		-1.43%	-5.26%

Apr. 25	UPS, FedEx transition to electric vans slowed by battery shortages, low supply	RE
Apr. 04	Xos, Inc. Unveils Upgraded 2024 Xos SV Stepvan with Enhanced Features for Fleet Operators	CI

Xos, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023

November 09, 2023 at 04:36 pm EST

Xos, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 16.7 million compared to USD 11.01 million a year ago. Net loss was USD 14.11 million compared to USD 19.96 million a year ago. Basic loss per share from continuing operations was USD 2.4 compared to USD 3.6 a year ago. Diluted loss per share from continuing operations was USD 2.4 compared to USD 3.9 a year ago.
For the nine months, sales was USD 26.15 million compared to USD 27.81 million a year ago. Net loss was USD 62.02 million compared to USD 53.64 million a year ago. Basic loss per share from continuing operations was USD 10.8 compared to USD 9.9 a year ago. Diluted loss per share from continuing operations was USD 10.8 compared to USD 10.2 a year ago.

Latest news about Xos, Inc.

UPS, FedEx transition to electric vans slowed by battery shortages, low supply	Apr. 25	RE
Xos, Inc. Unveils Upgraded 2024 Xos SV Stepvan with Enhanced Features for Fleet Operators	Apr. 04	CI
DA Davidson Upgrades Xos to Buy From Neutral, Price Target is $17	Apr. 01	MT
Xos, Inc. Announces Board Changes	Mar. 26	CI
Xos Completes Acquisition of ElectraMeccanica Vehicles	Mar. 26	MT
Xos, Inc. completed the acquisition of Electrameccanica Vehicles Corp..	Mar. 25	CI
Xos Enhances Profitability and Expands Fleet Reach, ElectraMeccanica Acquisition to Fuel Growth, Wedbush Says	Mar. 25	MT
Wedbush Raises Xos' PT to $15 From $13 to Reflect Improvements in Underlying Business, Maintains Outperform Rating	Mar. 25	MT
Transcript : Xos, Inc., Q4 2023 Earnings Call, Mar 21, 2024	Mar. 21
(XOS) XOS Sees Fiscal Year 2024 Revenue Range $66.7M - $100.4M	Mar. 21	MT
Earnings Flash (XOS) XOS Reports Q4 Revenue $18.4M, vs. Street Est of $18.5M	Mar. 21	MT
Xos, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 21	CI
Xos, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Mar. 21	CI
Xos, Inc. Provides Earnings Guidance for the Year 2024	Mar. 21	CI
Xos, Winnebago Industries to Develop Fully Electric Specialty Vehicle Chassis	Feb. 22	MT
Xos, Inc., and Winnebago Announces Partnership and Development of Fully Electric Specialty Vehicle Chassis	Feb. 22	CI
Sibros Partners with Xos Trucks to Power the Xos Connected Ecosystem for Production Series Class 5 Through 8 Electric Commercial Vans and Trucks	Feb. 13	CI
Xos Receives Order for Two Mobile Charging Units from Xcel Energy	Jan. 31	MT
Xos, Inc. Announces the Next Generation of Their Mobile Charging Unit, The Xos Hub?	Jan. 31	CI
Transcript : Electrameccanica Vehicles Corp., Xos, Inc. - Special Call	Jan. 24
Wedbush Raises Xos' PT to $13 From $4 After 'Smart Opportunistic Move' to Purchase of ElectraMeccanica, Keeps Outperform Rating	Jan. 16	MT
Xos to Acquire ElectraMeccanica in All-Stock Deal; Xos Shares Rise	Jan. 11	MT
Xos, Inc. entered into a definitive arrangement agreement to acquire Electrameccanica Vehicles Corp. for $12.6 million.	Jan. 10	CI
Anousheh Ansari Resigns from Xos, Inc. as Member of the Board of Directors	Nov. 22	CI
Benchmark Downgrades Xos to Speculative Hold From Buy, Cuts Price Target to $1 From $4	Nov. 13	MT

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Company Profile

Xos, Inc. is a provider of fleet electrification solutions. The Company designs and manufactures Class 5-8 battery-electric commercial vehicles that travel on last-mile, back-to-base routes of up to 200 miles per day. It also offers charging infrastructure products and services to support electric vehicle fleets. Its fleet management software integrates vehicle operation and vehicle charging to provide commercial fleet operators a more seamless and vehicle ownership experience than traditional internal combustion engine counterparts. Its Powered by Xos business provides mix-use powertrain solutions for off-highway, industrial and other commercial equipment. Its Fleet-as-a-Service offering facilitates the transition from traditional internal combustion engine vehicles to battery-electric vehicles. Its Xos Energy Solutions is its comprehensive charging infrastructure through, which it offers charging equipment, mobile energy storage, and turnkey infrastructure services.

Sector

Auto & Truck Manufacturers

Calendar

2024-05-15 - Q1 2024 Earnings Release

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Ratings for Xos, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

7.56 USD

Average target price

17.38 USD

Spread / Average Target

+129.83%

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Other Auto & Truck Manufacturers

Xos, Inc.

Equities

XOS

US98423B3069

Auto & Truck Manufacturers

Xos, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023

EPS Revisions