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0 0 0.0402298850574712 0.0516666666666666 0.0517241379310344 0.057471264367816 0.0632183908045976 0.0517241379310344
Stock impact report

Hyliion Holdings Reports Fourth-Quarter and Full-Year 2024 Financial Results [Yahoo! Finance]

Hyliion Holdings Corp. Class A (HYLN) 
Company Research Source: Yahoo! Finance
Key Business Highlights Delivered the first Early Adopter Customer Unit in early 2025 Secured commitments for over 100 KARNO™ generators, creating a multiyear backlog Executed a Letter of Intent (LOI) with a leading data center developer for initial deployment and multiyear opportunity for up to 70 megawatts (350 KARNO 4-shaft units) of generating capacity Recorded revenue of $1.5 million in the fourth quarter of 2024 for research and development services Awarded a $6 million federal grant for the deployment of up to 2 megawatts of KARNO generators to support methane emission reduction efforts in the oil and gas industry Announced a planned deployment with Al Khorayef for up to 12 KARNO generators in Saudi Arabia Provided 2025 revenue guidance of $10 to $15 million including generator sales and research and development services Ended the year with $220 million in cash and investments Provided 2025 guidance of approximately $60 million in cash expenditures, including Show less Read more
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