Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Hyliion Holdings (HYLN)
NYSE MKT:HYLN
Holding HYLN?
Track your performance easily
Earnings Data
Report Date
Feb 19, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-$0.07Last Year’s EPS
-$0.16Same Quarter Last Year
Based on 1 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 14, 2024
|% Change Since: -3.07%
|Next Earnings Date:Feb 19, 2025
Earnings Call Sentiment|Neutral
Hyliion's earnings call conveyed a cautiously optimistic outlook with significant progress in the commercialization of the KARNO generator, strong market interest, and strategic contract wins. However, challenges remain in terms of initial negative gross margins and delays in revenue recognition.Company Guidance
During the third quarter 2024 earnings call for Hyliion Holdings (HYLN), the company provided several key guidance metrics. They announced the completion of beta development for the 200-kilowatt KARNO generator, with plans to deliver early adopter units by the end of the year and commercial deployments anticipated around mid-2025. The company secured letters of intent exceeding their 2025 production capacity, expecting to ship several dozen units, aligning with revenue guidance of low double-digit millions for that year. Hyliion also highlighted a contract with the U.S. Office of Naval Research worth up to $16 million, contributing to a total potential R&D and generator sales revenue of $17.2 million. Operating expenses for Q3 2024 were $14.2 million, down from $33.3 million in Q3 2023, with a net loss of $11.2 million. They ended the quarter with $238 million in cash and investments, forecasting $55 million in cash expenditures for 2024.Progress in KARNO Generator Commercialization
Hyliion achieved the second to last milestone in their commercialization timeline, completing beta development work for the 200-kilowatt KARNO generator. They plan to start customer deliveries by the end of the year.
Contract Win with U.S. Office of Naval Research
Hyliion secured a contract worth up to $16 million with the Office of Naval Research for the potential use of KARNO generators in naval vessels and stationary power applications.
Strong Market Interest and Future Demand
Hyliion reported securing letters of intent exceeding the number of units planned for shipment in 2025, indicating strong demand and market confidence in the KARNO generators.
Data Center Sector Growth
There is increased interest in the KARNO generator from the data center sector, driven by demand for more data centers requiring substantial power.
Reduced Operating Expenses
Operating expenses for Q3 were $14.2 million, down from $33.3 million in Q3 2023, partly due to the wind down of the powertrain business.
---
HYLN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
HYLN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 14, 2024 | $2.61 | $2.54 | -2.68% |
| Aug 06, 2024 | $1.71 | $1.62 | -5.26% |
| Apr 30, 2024 | $1.29 | $1.56 | +20.93% |
| Feb 13, 2024 | $1.11 | $1.41 | +27.03% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Hyliion Holdings (HYLN) report earnings?
Hyliion Holdings (HYLN) is schdueled to report earning on Feb 19, 2025, TBA Not Confirmed.
What is Hyliion Holdings (HYLN) earnings time?
Hyliion Holdings (HYLN) earnings time is at Feb 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HYLN EPS forecast?
HYLN EPS forecast for the fiscal quarter 2024 (Q4) is -$0.07.
---