Hyliion Holdings reports Q2 EPS (19c), consensus (18c)

Reports Q2 revenue $266K, consensus $590K. “We were excited to host Hyliion’s first ever in-person Investor Day where the Hyliion team was able to meet with investors, customers and other stakeholders to demonstrate Hyliion’s powertrain and KARNO generator technology,” said Hyliion’s Founder and CEO, Thomas Healy. “We also used the opportunity to announce exciting new developments, including the beginning of development for a new day cab variant of the Hypertruck ERX powertrain system along with plans for KARNO generator stationary applications that we expect to have in place in 2024.”