Eve Holding, Inc. Reports First Quarter 2024 Results
Eve Holding, Inc. (EVEX)
Company Research
Source: PR Newswire
MELBOURNE, FL, May 7, 2024 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE: EVEX and EVEXW) reports its First Quarter 2024 Earnings Results.Financial highlightsEve Air Mobility is an aerospace company dedicated to the development of an eVTOL (electric Vertical Takeoff and Landing) aircraft and the Urban Air Mobility (UAM) ecosystem that includes the aircraft development, Service & Operations Solutions and an Urban Air Traffic Management (Urban ATM) system. Eve is pre-revenue; we do not expect meaningful revenues, if any, during the development phase of our aircraft, and we expect financial results to be mostly related to costs associated with the program's development during this period.Eve reported a net loss of $25.3 million in 1Q24 versus $25.8 million in 1Q23. Net loss decreased despite higher Research & Development (R&D) – costs and activities necessary to advance in the development of our suite of products and solutions for UAM, and Selling, General & Administrative (SG&A) expe
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EVEX
News
- Chinese EV maker Xpeng claims it will sell flying cars by 2026 [Yahoo! Finance]Yahoo! Finance
- Eve Holding, Inc. (NYSE:EVEX) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- All You Need to Know About Eve (EVEX) Rating Upgrade to Buy [Yahoo! Finance]Yahoo! Finance
- Eve Holding, Inc. (NYSE:EVEX) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Eve Holding, Inc. Reports Fourth Quarter and FY2023 ResultsPR Newswire
EVEX
Analyst Actions
- 3/11/24 - Cantor Fitzgerald
EVEX
Sec Filings
- 5/16/24 - Form DEF
- 5/13/24 - Form 8-K
- 5/13/24 - Form NT
- EVEX's page on the SEC website