Amprius Tech Outperforms, Stock Soars

Amprius Technologies, despite reporting a net loss of $3.9 million, outperformed Wall Street expectations in Q3. The companys revenue of $21.4 million surpassed forecasts, and its stock has more than quadrupled since January, reaching $11.26 by the end of trading on Thursday. This positive financial performance indicates a promising outlook for the Fremont, California-based battery maker.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.