Overview
- Amprius Technologies shares fell about 29.7% to $15.60 after the company posted mixed first‑quarter results and announced a warrant‑for‑stock exchange.
- Revenue hit a quarterly record at $28.5 million, up 153% year over year and above the $25.7 million consensus estimate.
- The company reported a GAAP net loss of $5.0 million, or $0.04 per share, which was wider than the expected $0.02 loss.
- Management raised full‑year revenue guidance to at least $130 million but forecast a net loss per share of under $0.06, missing the $0.05 loss analysts had modeled.
- Executives pointed to commercial traction with $500 million in new defense orders and a $21 million purchase order for SiCore cells from a Chinese light electric vehicle customer.