In the third quarter, the Company recorded $0.5 million in revenue. The Company's third-quarter operating expenses totaled $62.9 million, driven primarily by R&D expenses
Hyliion Holdings (NYSE:HYLN) reported quarterly losses of $(0.36) per share which missed the analyst consensus estimate of $(0.22) by 63.64 percent. This is a 140 percent decrease over losses of $(0.15) per share from the same period last year.
Gainers
NeoVolta (NASDAQ:NEOV) stock moved upwards by 20.4% to $5.36 during Wednesday's after-market session. The company's market cap stands at $175.6 million.
Hyliion Holdings Corp. (NYSE:HYLN) ("Hyliion"), a leader in electrified powertrain solutions for Class 8 semi-trucks, today announced the September 26th closing of its previously announced deal to acquire a new