FREMONT, Calif. (AP) — FREMONT, Calif. (AP) — Amprius Technologies Inc. (AMPX) on Thursday reported a loss of $9.9 million in its first quarter.
On a per-share basis, the Fremont, California-based company said it had a loss of 11 cents.
The results matched Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for a loss of 11 cents per share.
The battery maker posted revenue of $2.3 million in the period, which beat Street forecasts. Six analysts surveyed by Zacks expected $1.7 million.
In the final minutes of trading on Thursday, the company’s shares hit $2.22. A year ago, they were trading at $8.90.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMPX at https://www.zacks.com/ap/AMPX
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