Hyzon Motors Inc (NASDAQ:HYZN) reported Q4 EPS of ($0.12), in-line with the analyst estimate of ($0.12). Revenue for the quarter came in at $5.09 million, versus $0 reported last year.
2022 Business Outlook
- Expect to deliver 300-400 vehicles with deliveries heavily weighted towards the back half of the year as the industry navigates supply chain challenges and global uncertainties
- Expect to commence assembling vehicles using our flagship, made in the USA, high power-density fuel cells during the second half of 2022
- In North America, we expect to have 10-15 Hyzon fuel cell demonstration trucks deployed to multiple trial customers by year end
- In Europe, Australia, and China, expect to ramp up deliveries and streamline assembly processes to meet increasing demand
- Anticipate a Hyzon / Raven (NASDAQ:RAVN) gas-to-hydrogen hub and waste-to-hydrogen hub online by year end
For earnings history and earnings-related data on Hyzon Motors (HYZN) click here.