XOS Stock Recent News

LOS ANGELES, July 11, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leading electric truck manufacturer and fleet services provider, announced it will release its second quarter 2024 operating results on Monday, August 12, 2024 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.

The consensus price target hints at a 132% upside potential for Xos (XOS). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

MACON, Ga.--(BUSINESS WIRE)--Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, will debut its electric-powered step van at the upcoming 2024 Advanced Clean Transportation (ACT) Expo, North America's largest advanced transportation technology and clean fleet event. The company teamed up with Xos (Nasdaq: XOS) and Morgan Olson to manufacture the prototype. Blue Bird will showcase its groundbreaking zero-emission vehicle and underlying stripped chassis at.

Xos, Inc. (NASDAQ:XOS ) Q1 2024 Earnings Conference Call May 15, 2024 4:30 PM ET Company Participants Christen Romero - General Counsel Dakota Semler - Chief Executive Officer Giordano Sordoni - Chief Operating Officer Liana Pogosyan - Acting Chief Financial Officer Conference Call Participants Donovan Schafer - Northland Capital Markets Michael Shlisky - D.A. Davidson Stephen Gengaro - Stifel Operator Greetings, and welcome to Xos Inc. First Quarter 2024 Earnings Call.

Improved cash position with $50 million from acquisition of ElectraMeccanica Delivered 180% year-over-year revenue growth Achieved industry-leading 21% gross margins LOS ANGELES, CA / ACCESSWIRE / May 15, 2024 / Xos, Inc. (NASDAQ:XOS) ("Xos" or the "Company"), a leading electric truck manufacturer and fleet services provider, today reported financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights: Completed acquisition of ElectraMeccanica, adding approximately $50.2 million (excluding certain costs paid at closing) to Xos' cash balance Launched the updated Xos Hub mobile charging solution Delivered 62 units and generated revenues of $13.2 million Achieved gross margins of 21.2% Dakota Semler, Chief Executive Officer of Xos, commented, "The $50 million that we secured this quarter and our industry-leading gross margins position Xos for a strong future.

Xos, Inc. announced it will release its third quarter 2023 operating results on Wednesday, May 15, 2024 after the close of the U.S. financial markets.

While most investors should concentrate the bulk of their funds toward large-capitalization, high-probability enterprises, there's some room for micro-cap stocks. These securities undergird public companies that feature a market value of less than $300 million.

XOS completes the acquisition of ElectraMeccanica, positioning itself to become free cash flow positive.

Xos, Inc. (XOS) Q4 2023 Earnings Call Transcript

Xos, Inc. (XOS) came out with a quarterly loss of $2.33 per share versus the Zacks Consensus Estimate of a loss of $2.40. This compares to loss of $4.20 per share a year ago.