logo
#

Latest news with #HyliionHoldingsCorp

Hyliion Holdings Schedules Second-Quarter 2025 Financial Results Conference Call and Webcast for August 13, 2025
Hyliion Holdings Schedules Second-Quarter 2025 Financial Results Conference Call and Webcast for August 13, 2025

Business Wire

time18 hours ago

  • Business
  • Business Wire

Hyliion Holdings Schedules Second-Quarter 2025 Financial Results Conference Call and Webcast for August 13, 2025

AUSTIN, Texas--(BUSINESS WIRE)-- Hyliion Holdings Corp. (NYSE American: HYLN), a developer of modular power plant technology, today announced it will host a conference call and accompanying webcast at 10:00 a.m. CT / 11:00 a.m. ET on Wednesday, August 13, 2025, to discuss its financial results, the company's business, and outlook. Hyliion plans to report its 2025 second-quarter financial results after the market close on Tuesday, August 12, 2025. Conference Call Online Registration for the Q&A: Access the Webcast: An archived webcast of the conference call will be accessible on the Investor Relations section of the Hyliion website. About Hyliion Hyliion is committed to creating innovative solutions that enable clean, flexible and affordable electricity production. The Company's primary focus is to provide modular power plant technology that can operate on various fuel sources to future-proof against an ever-changing energy economy. Headquartered in Austin, Texas, and with research and development in Cincinnati, Ohio, Hyliion is initially targeting the commercial and waste management industries with a locally deployable KARNO TM Power Module that can offer prime power as well as energy arbitrage opportunities. Beyond stationary power, Hyliion will address mobile applications such as vehicles and marine. The Company aims to offer innovative, yet practical solutions that contribute positively to the environment in the energy economy. For further information, please visit

Hyliion Awarded U.S. Navy Contract to Advance Multi-Unit KARNO Power Module
Hyliion Awarded U.S. Navy Contract to Advance Multi-Unit KARNO Power Module

Business Wire

time17-07-2025

  • Business
  • Business Wire

Hyliion Awarded U.S. Navy Contract to Advance Multi-Unit KARNO Power Module

AUSTIN, Texas--(BUSINESS WIRE)-- Hyliion Holdings Corp. (NYSE American: HYLN), a leading provider of innovative KARNO TM Power Modules, today announced it has been awarded a Phase II Small Business Innovation Research (SBIR) contract in the amount of $1.5 million from the U.S. Navy to further develop and refine its scalable multi-megawatt platform for shipboard and stationary military applications. The newly awarded Phase II contract builds on the successful completion of Phase I, during which Hyliion completed the initial concept design and architectural planning for a multi-megawatt naval-compliant power generator system. Phase II will focus on key enabling technologies for the multi-KARNO Core architecture, including the development of integrated software and power electronics, motion control improvements, and communications systems essential for scaled system operation. Hyliion expects Phase II to commence immediately and continue for a period of 18 months. 'Advancing the scalability and operational control of the KARNO Modules is critical to meeting the Navy's future energy needs,' said Thomas Healy, Founder and CEO of Hyliion. 'This award allows us to lay the groundwork for a highly resilient and efficient power solution that can adapt to mission requirements across both stationary and mobile defense operations.' During Phase II, Hyliion will focus on the software required to manage and synchronize multiple KARNO Cores, ensuring they can deliver stable, dynamic power in high-demand environments. Additional work includes refining the integrated drive electronics to meet size, weight, power, and cost (SWaP-C) targets, and aligning control schemes with naval operating standards. These innovations are designed to accelerate Hyliion's timeline to deploy a full multi-megawatt shipboard generator system. Hyliion's KARNO Power Module is a linear generator powered by heat rather than combustion. Its external heat generation architecture, enabled by additive manufacturing, is designed to support operation on more than 20 fuel types and produce electricity with high efficiency, low maintenance requirements, and minimal acoustic and thermal signatures—making it well-suited for naval applications. Phase II development efforts will also align with Hyliion's commercial 2 MW product roadmap, allowing for shared learnings between defense and civilian applications. For more information about Hyliion and its modular power generation solutions, please visit For additional details on the SBIR, please visit About Hyliion Hyliion is committed to creating innovative solutions that enable clean, flexible and affordable electricity production. The Company's primary focus is to provide distributed power generators that can operate on various fuel sources to future-proof against an ever-changing energy economy. Headquartered in Austin, Texas, and with research and development in Cincinnati, Ohio, Hyliion is initially targeting the commercial and waste management industries with a locally deployable generator that can offer prime power as well as energy arbitrage opportunities. Beyond stationary power, Hyliion will address mobile applications such as vehicles and marine. The Company aims to offer innovative, yet practical solutions that contribute positively to the environment in the energy economy. For further information, please visit Forward Looking Statements The information in this press release includes 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding Hyliion and its future financial and operational performance, as well as its strategy, future operations, estimated financial position, estimated revenues, and losses, projected costs, prospects, plans and objectives of management are forward looking statements. When used in this press release, including any oral statements made in connection therewith, the words 'could,' 'should,' 'will,' 'may,' 'believe,' 'anticipate,' 'intend,' 'estimate,' 'expect,' 'project,' the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward- looking statements contain such identifying words. These forward-looking statements are based on management's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, Hyliion expressly disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements herein, to reflect events or circumstances after the date of this press release. Hyliion cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Hyliion. These risks include, but are not limited to, our status as an early stage Company with a history of losses; our expectation of incurring significant expenses and continuing losses for the foreseeable future; our ability to develop key commercial relationships with suppliers and customers; our ability to retain the services of Thomas Healy, our Chief Executive Officer; the expected performance of the KARNO generator and system; the execution of the strategic shift from our powertrain business to our KARNO business, and the other risks and uncertainties described under the heading 'Risk Factors' in our SEC filings including in our Annual Report (See item 1A. Risk Factors) on Form 10- K filed with the Securities and Exchange Commission (the 'SEC') on February 25, 2025 for the year ended December 31, 2024. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Should one or more of the risks or uncertainties described in this press release occur, or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward- looking statements. Additional information concerning these and other factors that may impact Hyliion's operations and projections can be found in its filings with the SEC. Hyliion's SEC Filings are available publicly on the SEC's website at and readers are urged to carefully review and consider the various disclosures made in such filings.

Q1 2025 Hyliion Holdings Corp Earnings Call
Q1 2025 Hyliion Holdings Corp Earnings Call

Yahoo

time15-05-2025

  • Business
  • Yahoo

Q1 2025 Hyliion Holdings Corp Earnings Call

Greg Standley; Chief Accounting Officer; Hyliion Holdings Corp Thomas Healy; Chief Executive Officer, Founder, Director; Hyliion Holdings Corp Jon Panzer; Chief Financial Officer; Hyliion Holdings Corp Operator Hello and thank you for standing by. My name is Tiffany, and I will be your conference operator today. At this time, I would like to welcome everyone to the High Leon Holdings first quarter 2025 earnings conference call. All lines have been placed on mute to prevent any background noise. (Operator Instructions)Thank you. I would now like to turn the call over to Chief Accounting Officer Greg Stanley. Please go ahead. Greg Standley Thank you and good morning everyone. Welcome to Highly on Holding's first quarter 2025 earnings conference call. On today's call are Thomas Healy, our Chief Executive Officer, and John Tanzer, our Chief Financial Officer. A slide presentation accompanying this call is available on Haleon's investor relations website at Please note that during today's call we will be making certain forward-looking statements regarding the company's business statements are predictions, projections, and other statements about anticipated events that are based on current expectations and assumptions as such are subject to risk and uncertainty. Many factors could cause actual results to differ materially from forward-looking statements made on this more information on factors that may cause the company's results to differ materially from such forward-looking statements, please refer to our presentation and press release, as well as our filings with the Securities and Exchange Commission. You are cautioned not to place undue reliance on forward-looking statements. And we undertake no duty to update this information unless required by applicable law. With that, I now turn the call over to Thomas. Thomas Healy Hello and thank you for joining us for Heinleon's first quarter 2025 earnings call. I'm joined today by our CFO John Panzer. We're excited to share a number of updates on how we've advanced the Karno program this past quarter. Just a few weeks ago, we unveiled our Karno Power module for the first time publicly at the ACT Expo, an industry-leading event focused on alternative energy solutions. The response was extremely positive, and we had the opportunity to meet with many current and prospective recently changed the naming structure of the Karno generator for marketing purposes. We now refer to the generator as the Karno Power module, which is the complete fully integrated enclosed fuel agnostic power generation solution powered by the Karno core, a 4 shaft system inside the power module that produces heat and converts thermal energy generated from oxidation of fuels into also had our first unit with the US Navy running through development and testing, and we're very pleased with the early indications of performance and reliability. Additionally, we've made solid progress addressing two key development challenges we discussed on our last call, specifically production of the linear electric motor and the depowdering of complex printed parts. I'll provide details on both in a with commercial updates, the ACT expo in Anaheim, California marked the first time we've shown thearno Power module to the public. The show floor included many companies and technologies which need power. However, Hilion was one of only a few companies at the show presenting alternative power generation technologies. That fact alone highlights how underdeveloped the power segment is and reinforces the need and uniqueness of our met with a number of existing and potential customers and partners across a wide range of applications EV charging, waste gas utilization, hydrogen production, and microgrids. They were all heavily represented, and the consistent message we heard was the need for power continues to it's worth noting that another linear generator producer recently raised over $250 million, a strong signal of investor confidence in this category and validation that the market for distributed power is expanding. A few weeks before Act Expo, Monroe Live, a popular YouTube channel known for deep dives on new technologies, released a walkthrough video of our R&D center in Ohio and the Karno Power video continues to draw significant traction and has further expanded visibility of our solution. I'd strongly encourage everyone on this call to go watch this video if you'd like to gain a greater understanding of how the Karno Power module works.I'm pleased to share that we recently signed a non-binding LOI with Mesa Natural Gas Solutions, a leader in power generation solutions within the oil and gas and industrial sectors. This LOI covers joint demonstration of the Karno Power module and a business potential for up to 12 carno units. The relationship represents another important step in expanding the variety of deployment applications for the Karno now have well over 100 units under non-binding LOIs across a range of markets including data centers, EV charging, waste gas utilization, industrial deployments, and military programs. These LOIs continue to build a healthy backlog of interest that we expect to convert into binding agreements as our deployments now have initial definitive agreements in place with all of our early adopter customers. This includes the Navy as well as a couple of Fortune 500 companies. While we're not yet disclosing their names, we look forward to doing so once the units are successfully deployed and running at our customers' I'd like to provide an update on how our work is going with the US Navy. As we mentioned on the last call, we delivered our first Karno corps to the Navy in Q1. This unit is operating at our Cincinnati facility where it's been running through a range of development and validation tests, including frequent start stop cycles, confirmation of its load following capabilities, control panel functionality, cloud telemetry, and other software and safety we are very encouraged by its performance and reliability and are pleased to say that the system has experienced no unplanned downtime or availability issues since we began the regular operation of the unit back in engineering team has been implementing software improvements and system upgrades based on operating feedback, and those upgrades are progressing well. In addition, we completed a new diesel test rate for the Navy this quarter, which allows us to further validate operation on liquid fuels and refine the design of our reactor me now touch on the two issues we flagged last quarter and the progress we've made addressing them. First, on the production of linear electric motors, the primary reason we haven't delivered more early adopter units during this quarter is the lack of available linear electric motors. As we shared on the last call, we had transitioned assembly of this part to a contract manufacturer, but production issues continue and have led us to start bringing manufacturing of certain parts of this component back we successfully built these motors internally before, we're confident in our ability to ramp production here in Austin. In fact, we expect to resume in-house lem production before the end of this month, which will supplement capacity from our contract manufacturer. Second, on the powdering, we previously noted challenges removing trapped powder from a mesh-like section of a carnal part called the region.I am happy to report that we now believe we have a solution to this problem using a combination of advanced cleaning methods. We are pleased with early lab testing results using these procedures. In early design iterations, we increased the mesh spacing to make powder removal easier, but that negatively impacted power output from the carnal the new deep powder solution in place, we are able to revert to a more tightly packed mesh which we believe will address the power this is a relatively simple part to swap out, so we are able to upgrade units once the new part design is validated and becomes widely available. We are in the process of validating the new part design and functionality and confirming our ability to remove residual powder. Printing of production regens will then two issues have consumed part of our schedule flexibility this year, but are consistent with the type of challenges we anticipated during the pre-commercial phase. In the meantime, we've continued development of software improvements and other feature enhancements that were also we did not ship additional early adopter units in Q1, we have continued building printed part component inventory, and our plan remains to deliver 10 early adopter units in 2025. That said, we are now expecting that some of these deployments will shift further out in the second half of shift is due in part to delays in electric motor and regen production that I mentioned and also to complete testing and validation work when the Karno module is operating at full also believe that our commercialization timeline remains intact, and we expect to launch commercially and deliver additional karno modules to customers later this year. On the manufacturing front, we now have over 20 additive printers installed and operational. This includes multiple generations of machines, including GE's latest Mine recently received our second M-line printer, and additional printers are scheduled for delivery throughout the year. These machines significantly increase our ability to scale throughput and put us in a stronger position for ramping up production next are also continuing to develop a broader supply base, working closely with vendors to improve component quality, reduce lead times, and drive cost efficiencies across the Karno wrap up, we're encouraged with how the initialarno systems are performing and are proud of the engineering progress made this traction remains strong, and we're seeing increasing demand for distributed clean power solutions like ours that are validated both by our own growing pipeline and by the broader success of other players in this are reiterating the guidance we shared last quarter. We remain on track to commercially launch the Karno Power module by year end, and we continue to expect revenue between $10 million and $15 million for full year 2025, driven by early adopter unit deployments and R&D that, I'll now turn the call over to John for the financial update. Jon Panzer Thank you, Thomas, and good morning everyone. Starting with our 2025 1st quarter results, we recorded revenue of $500,000 for research and development services related to our contracts with the Office of Naval of sales was also $500,000 resulting in the operating income of approximately breakeven. In the first quarter of 2024, we recorded no revenue or cost of sales.R&D services revenue was lower than the 4th quarter of 2024 due to the delays in deployment of early adopter customer units Thomas discussed earlier. We do expect R&D revenue to be higher in future quarters this year as deployments expenses for the first quarter were $19.7 million compared to $19 million in the first quarter of 2024. Research and development costs were $12.2 million compared to $8 million in 2024. This increase reflects a ramp up in R&D work, growth in the production of additive components, and the procurement of parts for our initial carnal power module deployments this expenses were $6.1 million down from $6.6 million in 2024 due primarily to lower facilities and insurance costs. Exit and termination costs in the quarter were $1.4 million and were related to the shutdown of our former powertrain business that began in late recognized a non-cash expense of approximately $1.6 million to write down the value of certain powertrain assets that we previously reported as held for sale. This expense was partly offset by approximately $200,000 of asset sale gains that we recorded during the period. In the first quarter of 2024, Powertrain exit and termination costs were $4.4 recorded $2.5 million of interest income during the first quarter, which is down from $3.4 million in the prior year quarter due to a lower level of investments this year. Our total net loss in the first quarter was $17.3 million, up from $15.6 million in the first quarter of to our cash and investment position, we spent $20.9 million during the first quarter of this year. Capital spending was $7.3 million and primarily consisted of additive printing machines and related sales were $219,000 and the remaining $13.7 million of spending was related to ongoing business operations. We finished the first quarter with $198.8 million of cash and short- and long-term investments on our balance sheet.I want to next address our plan cash spending for the year and highlight several risks and opportunities that we see. First, we have some exposure to tariffs, the largest of which relates to the purchase of additive printers from GE, which are assembled in Germany. The 10% tariff that is currently in place with EU countries is expected to increase our capital spending by $2 million to $3 million this we source most carnal power module parts from domestic suppliers, there are some parts or subcomponents that are made overseas and thus also subject to tariffs that could raise other we remain opportunistic about investing in used additive printing machines that are of the same models we operate today. We've identified a number of such machines that could also add to our capital outlays this R&D expenses are running somewhat higher than we expected this year due primarily to more rapid printing and component sourcing operations as we ramp up carnal power module production. And as we address the production issues Thomas mentioned previously expected that capital expenditures for 2025 will be approximately $25 million primarily related to purchases of new additive printing machines, facility upgrades, and other assets needed to ramp up carnal power module now expect capital expenditures could be closer to $30 million although that number could vary based on the timing of printer deliveries and opportunities for additional printer purchases as we plan for production growth in 2026. We plan to offset cash capital spending with around $10 million of equipment financing if favorable terms are available. To summarize these changes, we previously stated that we expected total cash outlays this year to be around $60 now expect that spending could be closer to $65 million due to the impact of the items I just discussed, leaving our year-end cash and investment balance at approximately $155 Thomas mentioned earlier, we expect to generate between $10 million and $15 million of revenue for 2025, including both R&D services and sales of 200 kilowatt carnal power modules to in this assumption is our expectation of commercializing the arnum module late in the year when we would also expect to recognize revenue from customer early adopter recognition of payments as revenue will be subject to the terms of sale and the actual timing of carnal power module commercialization. These terms include certification and permitting of the power module as well as achievement of operating performance we reported last quarter, we expect gross margin for R&D services this year to be may also report positive gross margin for carnal product sales depending on the timing of commercialization due to the current expensing of purchase components as R&D cost. We continue to expect that we will quickly drive down production costs as we scale manufacturing volume and as we roll out the 2 megawatt kernel module in the current outlook for achieving breakeven gross margin on a cash basis is near the end of we continue to expect the capital we have on hand today will be sufficient through the commercialization of carnal power module sales. Now, I'll turn the call back over to comms. Thomas Healy Thank you, John. Q1 was an important quarter for Helion as we transitioned from early stage development into our first deployment and public showcasing of the Karno Power unveiling the system at Act Expo to demonstrating strong performance with the US Navy, we've laid a solid foundation for the remainder of the year. We're encouraged by the growing customer demand, the progress made in resolving key production challenges, and the continued expansion of our additive manufacturing always, our focus remains on delivering reliable, fuel flexible, and scalable power solutions to customers in critical sectors. We look forward to updating you on additional deployments, technical milestones, and commercial traction on our next earnings call. With that, we'll now turn the call back over to the operator for Q&A. Operator There are no audio questions at this time. I will now turn the call back over to Greg Stanley. Greg Standley Thank you. We have a few questions that have come in from shareholders. The first question is, can you tell us more about the Navy's unit performance? Thomas Healy Thanks Greg. Absolutely. So we've been, as we shared on the call, pleased with the reliability that we've seen out of the system. So to set the stage so you can understand kind of what we're running on the system, so we've got the Navy's Carnal Corps in a power module at our Cincinnati facility that we're running on a daily basis, and so we're running it through different test parameters. We we've got it connected to a load bank where we're turning it on, turning it off, running it through different power levels, and I think the biggest thing to note of it is we've seen very consistent reliability out of since we started running it a couple of months ago, we haven't had to take the carnal core out of the power module at all. We haven't had to tear it down, do any rebuild. It's just been a stable, reliable system. We are going through, making software improvements and changes to it to improve the performance of it, but I think the reliability is something that has really stood out as, for a very early unit to get out there and have that sort of reliability is something we expected, but also something that we're very pleased about. Greg Standley Given where you are and the challenges that you discussed today, how will this impact your growth plans for next year? Thomas Healy Yeah, so on today's call we did give updates of things that we highlighted on the last earnings around lens production as well as the deep powdering of the region and then being able to redesign the region in order to achieve full you know these are things that we did anticipate having learnings like this throughout this year as we go through the early adopter program and so we did allocate time for this in the schedule. However, some of these learnings came earlier in the rollout and so we decided, okay, let's roll in Regen Improvements. The lens manufacturing has really been what's prevented us from shipping more units to date. That's really been the bottleneck on the supply why we've decided in addition to having a contract manufacturer, we're also standing up in-house assembly of that component to hopefully overcome that deficit of units that we have. So with that we are still on track to be able to move into commercialization late this year, which then we don't envision has an impact into the amount of units and scale up of production that we'll do next as we've been going through these these couple of improvements that we're working on, we've been continuing to make parts. Thankfully, the regen is a very easy part to replace in the genset, and then lens is obviously a core component that we can't make additional units without having. But in terms of next year, we don't see anything that we discussed on today's call having a negative impact on our ability to scale manufacturing next year. Greg Standley That addresses all the questions. I'll turn the call back over to Thomas for closing remarks. Thomas Healy Thank you, Greg. So thank you everyone for joining today's earnings call. As noted, we thought it was a successful quarter with being able to show strong reliability out of the Navy unit and then a lot of progress made on addressing a couple of those key. Issues in the regions and the ms that then once we have those in place we'll be able to continue deploying additional early adopter units with still being on track to getting 10 of those out through this year and getting to commercial launch later in this addition to that, I just wanted to highlight that our team was participating in part of the visit that President Trump had over to Saudi Arabia over the last couple of days here. We've been doing that in partnership with a company there in Saudi Arabia, and we hope to share more on that visit here in the coming days. So with that, thank you for joining today's earnings call, and we look forward to sharing further updates on the continued deployment of these early adopter units on our next earnings you everyone. Operator Ladies and gentlemen, this concludes today's call. Thank you all for joining. You may now disconnect. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Hyliion Holdings Corp. (HYLN) Reports Q1 Loss, Lags Revenue Estimates
Hyliion Holdings Corp. (HYLN) Reports Q1 Loss, Lags Revenue Estimates

Yahoo

time13-05-2025

  • Business
  • Yahoo

Hyliion Holdings Corp. (HYLN) Reports Q1 Loss, Lags Revenue Estimates

Hyliion Holdings Corp. (HYLN) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -25%. A quarter ago, it was expected that this company would post a loss of $0.07 per share when it actually produced a loss of $0.08, delivering a surprise of -14.29%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Hyliion , which belongs to the Zacks Automotive - Original Equipment industry, posted revenues of $0.49 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 55.55%. This compares to zero revenues a year ago. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Hyliion shares have lost about 31.4% since the beginning of the year versus the S&P 500's decline of -0.6%. While Hyliion has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Hyliion: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.09 on $1.15 million in revenues for the coming quarter and -$0.30 on $12.45 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Automotive - Original Equipment is currently in the bottom 36% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, Workhorse Group (WKHS), has yet to report results for the quarter ended March 2025. The results are expected to be released on May 15. This truck and drone manufacturer is expected to post quarterly loss of $4 per share in its upcoming report, which represents a year-over-year change of +84%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Workhorse Group's revenues are expected to be $2 million, up 49.3% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Hyliion Holdings Corp. (HYLN) : Free Stock Analysis Report Workhorse Group, Inc. (WKHS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research

Hyliion Holdings Schedules First-Quarter 2025 Financial Results Conference Call and Webcast for May 14, 2025
Hyliion Holdings Schedules First-Quarter 2025 Financial Results Conference Call and Webcast for May 14, 2025

Business Wire

time05-05-2025

  • Business
  • Business Wire

Hyliion Holdings Schedules First-Quarter 2025 Financial Results Conference Call and Webcast for May 14, 2025

AUSTIN, Texas--(BUSINESS WIRE)-- Hyliion Holdings Corp. (NYSE American: HYLN), a developer of modular power plant technology, today announced it will host a conference call and accompanying webcast at 10:00 a.m. CT / 11:00 a.m. ET on Wednesday, May 14, 2025, to discuss its financial results, the company's business, and outlook. Hyliion plans to report its 2025 first-quarter financial results after the market close on Tuesday, May 13, 2025. Conference Call Online Registration for the Q&A: Access the Webcast: An archived webcast of the conference call will be accessible on the Investor Relations section of the Hyliion website. About Hyliion Hyliion is committed to creating innovative solutions that enable clean, flexible and affordable electricity production. The Company's primary focus is to provide modular power plant technology that can operate on various fuel sources to future-proof against an ever-changing energy economy. Headquartered in Austin, Texas, and with research and development in Cincinnati, Ohio, Hyliion is initially targeting the commercial and waste management industries with a locally deployable KARNO TM Power Module that can offer prime power as well as energy arbitrage opportunities. Beyond stationary power, Hyliion will address mobile applications such as vehicles and marine. The Company aims to offer innovative, yet practical solutions that contribute positively to the environment in the energy economy. For further information, please visit

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store