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Hyzon Motors reports Q4 EPS (20c), two estimates (20c)
The Fly

Hyzon Motors reports Q4 EPS (20c), two estimates (20c)

Reports Q4 revenue $295,000, two estimates $100,000. “2023 was an inflection point for Hyzon from a commercial and operational standpoint. We deployed 19 vehicles globally, including to both large fleet and drayage customers and our first heavy-duty fuel cell electric truck in the United States. Additionally, we advanced our industry-leading single stack 200kW fuel cell technology from B-sample to C-sample development by completing manufacturing and factory acceptance testing, full design verification, and certain durability testing of 25 200kW fuel cell system B-samples. Operationally, we took steps to drive efficiencies and significantly reduce our monthly cash burn rate while accelerating our leading 200kW fuel cell system technology and FCEV commercialization,” said Hyzon CEO Parker Meeks.

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