XOS Stock Recent News

Xos (XOS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Here is how China Yuchai (CYD) and Xos, Inc. (XOS) have performed compared to their sector so far this year.

Xos, Inc. (NASDAQ:XOS ) Q4 2024 Earnings Conference Call March 28, 2025 4:30 PM ET Company Participants David Zlotchew - General Counsel Dakota Semler - CEO Giordano Sordoni - COO Liana Pogosyan - Acting CFO Conference Call Participants Craig Irwin - ROTH Capital Partners Mike Shlisky - D.A. Davidson Edward Jackson - Northland Securities Operator Good day, and welcome to the Xos Fourth Quarter 2024 Earnings Conference Call.

Xos, Inc. (XOS) came out with a quarterly loss of $2.36 per share versus the Zacks Consensus Estimate of a loss of $1.13. This compares to loss of $2.33 per share a year ago.

Shares of electric-vehicle maker Xos were trading higher in the after-hours market following the release of fourth-quarter financial results and 2025 guidance.

Achieved $3.3 million of net cash provided by operating activities, and our first quarter of positive Free Cash Flow of $3.3 million Achieved positive gross margins of approximately 7% and approximately 18% non-GAAP gross margins, for the full year 2024 Exceeded 25% revenue growth year-over-year from 2023 to 2024 LOS ANGELES, March 28, 2025 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS) (“Xos” or the “Company”), a leading electric truck manufacturer and fleet services provider, today reported financial results for the fourth quarter and year ended December 31, 2024. Fourth Quarter and Full Year 2024 Highlights: 2024 revenue increased to $56.0 million, up from $44.5 million in 2023 Delivered 297 units, up from 283 units in 2023 Improved GAAP gross margins from a negative 2.9% in 2023 to positive 7.1% in 2024 and non-GAAP gross margins (adjusted for physical inventory write-offs and reserves) from negative 5.2% in 2023 to positive 18% in 2024.

LOS ANGELES, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leading electric truck manufacturer and fleet services provider, announced it is scheduling the release of its fourth quarter 2024 operating results on Friday, March 28, 2025 after the close of the U.S. financial markets. Management will host a conference call to discuss these financial results at 4:30 p.m.

LOS ANGELES, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leading provider of fleet electrification and energy solutions, is thrilled to announce that its innovative Xos Hub™ has been officially added to the General Services Administration (GSA) Schedule. This milestone makes it easier than ever for federal agencies and authorized customers to quickly and efficiently procure the Xos Hub, a state-of-the-art mobile energy storage system and DC fast charger.

LOS ANGELES, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leading manufacturer of fully electric commercial vehicles, today announced the launch of the 2025 Xos SV Stepvan, featuring two new wheelbase options: 158" and 208". These additions complement the existing 178" wheelbase, offering fleet operators enhanced flexibility to meet their specific operational needs.

Xos, Inc. (NASDAQ:XOS ) Q2 2024 Earnings Call Transcript August 13, 2024 4:30 PM ET Company Participants Christen Romero - General Counsel Dakota Semler - CEO Giordano Sordoni - COO Liana Pogosyan - Acting CFO Conference Call Participants Mike Shlisky - D.A. Davidson Donovan Schafer - Northland Capital Markets Operator Greetings, everyone, and welcome to Xos, Inc.'s Second Quarter 2024 Earnings Call.