Hyliion Holdings Reports First-Quarter 2024 Financial Results
Hyliion Holdings Corp. Class A (HYLN)
Company Research
Source: Business Wire
AUSTIN, Texas--(BUSINESS WIRE)--Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a developer of sustainable electricity-producing technology, today reported its first-quarter 2024 financial results.Key Business HighlightsAnnounced that H2 Energy Group has executed a letter of intent to purchase up to 10 KARNO generator units that will operate on hydrogen rich syngas produced from sustainable processesAnnounced partnership with BayoTech to introduce Hyliion and BayoTech’s innovative solutions to each other’s customersReiterated plans to deliver initial KARNO generator units to customers in late 2024Reported today that customer commitments are secured for 2024 production capacity and actively building a backlog of commitments for 2025 generator deliveriesHosted event with customers and other stakeholders to showcase KARNO technology and development progressRepurchased 8.7 million shares for $11.3 million as part of the company’s $20 million Stock Repurchase ProgramEnded the quarter
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News
- Hyliion Holdings Corp. (NYSE:HYLN) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Hyliion Holdings Reports First-Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Hyliion and Victory Execute Letter of Intent to Deploy up to 10 KARNO(TM) Generators to H2 Energy Group [Yahoo! Finance]Yahoo! Finance
- Hyliion and Victory Execute Letter of Intent to Deploy up to 10 KARNO™ Generators to H2 Energy Group [Yahoo! Finance]Yahoo! Finance
- Hyliion and Victory Execute Letter of Intent to Deploy up to 10 KARNO™ Generators to H2 Energy GroupBusiness Wire
HYLN
Earnings
- 2/13/24 - Miss
HYLN
Sec Filings
- 5/15/24 - Form DEFA14A
- 5/13/24 - Form 4
- 5/9/24 - Form 144
- HYLN's page on the SEC website