Recap: Aeva Technologies Q3 Earnings

Aeva Technologies AEVA reported its Q3 earnings results on Wednesday, November 8, 2023 at 03:45 PM.

Here's what investors need to know about the announcement.

Aeva Technologies beat estimated earnings by 13.33%, reporting an EPS of $-0.13 versus an estimate of $-0.15.

Revenue was down $564 thousand from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 8.18% drop in the share price the next day.

Here's a look at Aeva Technologies's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	-0.16	-0.16	-0.18	-0.19
EPS Actual	-0.13	-0.13	-0.17	-0.14
Revenue Estimate	700K	870K	3.12M	1.92M
Revenue Actual	743K	1.15M	188K	1.37M

To track all earnings releases for Aeva Technologies visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.