FREMONT, Calif. (AP) — FREMONT, Calif. (AP) — Amprius Technologies Inc. (AMPX) on Thursday reported a loss of $6.4 million in its second quarter.
The Fremont, California-based company said it had a loss of 5 cents per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.
The battery maker posted revenue of $15.1 million in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $12.9 million.
Amprius shares have more than doubled since the beginning of the year. In the final minutes of trading on Thursday, shares hit $7.72, increasing sevenfold in the last 12 months.
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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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