FREYR Battery Reports Third Quarter 2024 Results [Yahoo! Finance]
FREYR Battery, Inc. (FREY)
Company Research
Source: Yahoo! Finance
of sustainable clean energy capacity and solutions, today reported financial results for the third quarter of 2024. Results Overview, Financing, and Liquidity FREYR reported a net loss attributable to stockholders for the third quarter of 2024 of $(27.5) million, or $(0.20) per diluted share compared to a net loss for the third quarter of 2023 of $(9.8) million or $(0.07) per diluted share. The increase in net loss in the third quarter of 2024 was primarily due to a $1.1 million warrant liability fair value adjustment for the three months ended September 30, 2024, compared to $24.4 million for the three months ended September 30, 2023, and a restructuring charge of $4.5 million for the three months ended September 30, 2024 compared to none for the three months ended September 30, 2023. As of September 30, 2024, FREYR had cash, cash equivalents, and restricted cash of $184.1 million, and no debt. FREYR BATTERY, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands, excep
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FREY
News
- FREYR Battery, Inc. (NYSE: FREY) was upgraded by analysts at BTIG Research from a "neutral" rating to a "buy" rating. They now have a $4.00 price target on the stock.MarketBeat
- FREYR Battery Reports Third Quarter 2024 ResultsBusiness Wire
- FREYR Battery Announces Transformative Acquisition of Trina Solar’s U.S. Manufacturing Assets, Actions to Strengthen Board of Directors and Management TeamBusiness Wire
- Supply Chain Risks Grow as Demand for EV Battery Materials Intensifies, Say AnalystsPR Newswire
- Supply Chain Risks Grow as Demand for EV Battery Materials Intensifies, Say AnalystsPR Newswire
FREY
Earnings
- 2/29/24 - Beat
FREY
Sec Filings
- 12/20/24 - Form 4
- 12/17/24 - Form 4
- 12/16/24 - Form 4
- FREY's page on the SEC website