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0.00325242718446591 0.0194174757281554 0.0420711974110032 0.0307605177993526 0.0760679611650485 0.0129449838187702 0.0542071197411003 0.0998543689320388
Stock impact report

QuantumScape soars as production of its initial B-sample cells begins [Yahoo! Finance]

QuantumScape Corporation Class A (QS) 
Company Research Source: Yahoo! Finance
For Q3, the company posted a loss per share of $0.23, matching analyst expectations. The battery maker reported an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) loss of $71.6 million, which was slightly higher than the anticipated $70.5 million loss. The San Jose-based battery developer also provided guidance, indicating it is on track to record an adjusted EBITDA loss between $280 million and $300 million for the year. This forecast aligns with the company's original projections, although it tends toward the upper end of the range. Most notably, QuantumScape revealed it has started the production of low volumes of its first B-sample cells, which are now being shipped for testing by automotive customers. Achieving this milestone was highlighted as the company's most critical goal for 2024. The B-samples of QuantumScape's initial product, the QSE-5, have demonstrated an energy density exceeding 800 watt-hours per liter (Wh/L) and a fast-char Show less Read more
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