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Xos Misses Q3 Revenue and Lowers Annual Guidance

Earnings Whispers · ·by G4L

XOS
XOS Xos Inc
$1.71 -25.33%
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  1. 1Xos, Inc. reported Q3 revenue of $5.55 million.
  2. 2Q3 results missed the $0.45 consensus loss estimate by 15.6%.
  3. 3The company lowered its annual revenue guidance to $25 million-$35 million.

So what's the key point?

Xos, Inc. recorded $5.55 million in revenue for the third quarter. Losses were larger than what experts expected, and the company also lowered its revenue outlook for the year.

Source Earnings Whispers · View original ↗

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