Hyliion Holdings Reports Third-Quarter 2024 Financial Results [Yahoo! Finance]
Hyliion Holdings Corp. Class A (HYLN)
Company Research
Source: Yahoo! Finance
Key Business Highlights On track to deliver initial customer units by year-end and reaffirms guidance of low double-digit millions in revenue for 2025 Secured customer commitments exceeding 2025 KARNOâ„¢ generator production capacity Announced revenue recognition beginning in Q4 2024 for military development projects Announced plans to develop a 2-megawatt KARNO generator product targeting the data center market, with expected deployment in 2026 Awarded a contract for up to $16.0 million by the U.S. Navy's Office of Naval Research (ONR) to explore the KARNO generator for Navy ships and stationary power Executed an LOI with ANA, a leader in industrial equipment, for up to 6 KARNO units in mobile power applications Announced the KARNO generator qualifies under California's Renewables Portfolio Standard using renewable fuels such as landfill gas, biogas and hydrogen Successfully demonstrated the KARNO generator's fuel-agnostic capabilities by transitioning between multiple
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HYLN
News
- New Market Study on Additive Manufacturing for Military and Defense Sees Momentous Growth; AM Research Estimates $800M In Direct DoD Spend in 2024, Exceeding $2.6B in 2030 [Yahoo! Finance]Yahoo! Finance
- Hyliion Holdings Corp. (HYLN) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Hyliion Holdings Reports Third-Quarter 2024 Financial ResultsBusiness Wire
- Hyliion Successfully Showcases the KARNO Generator’s Uninterrupted Multi-Fuel OperationBusiness Wire
- Hyliion to Present at Sidoti Virtual ConferenceBusiness Wire
HYLN
Earnings
- 11/14/24 - Beat
HYLN
Sec Filings
- 12/19/24 - Form 4
- 12/12/24 - Form 4
- 12/12/24 - Form 4
- HYLN's page on the SEC website