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Amprius: Q2 Earnings Snapshot
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FREMONT, Calif. (AP) — FREMONT, Calif. (AP) — Amprius Technologies Inc. (AMPX) on Tuesday reported a loss of $5.1 million in its second quarter.

On a per-share basis, the Fremont, California-based company said it had a loss of 4 cents. Losses, adjusted for non-recurring costs, came to 3 cents per share.

The results met Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for a loss of 3 cents per share.

The battery maker posted revenue of $34 million in the period, surpassing Street forecasts. Five analysts surveyed by Zacks expected $28.9 million.

Amprius shares have risen 37% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $10.81, an increase of 43% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMPX at https://www.zacks.com/ap/AMPX

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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