Hyliion Holdings Reports Fourth-Quarter and Full-Year 2023 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 fourth-quarter and full-year 2023 financial results.Key Business HighlightsAnnounced today, the KARNOTM generator is expected to qualify for up to a 40% tax credit under the Inflation Reduction Act’s Infrastructure Tax Credit (ITC)Announced today, Detmar Logistics executed a letter of intent for an initial KARNO unit to be deployed in the Permian Basin to operate on waste flare gasExecuted a letter of intent to provide KARNO generators to GTL LeasingConfirmed plans to deliver initial KARNO generator units to customers in late 2024Began printing production-intent design components of the KARNO generatorSuccessfully tested KARNO reactor technology on unprocessed Permian Basin gas; results surpassed emissions standards by 98% for CO and 76% for NOxAppointed Govindaraj Ramasamy as Chief Commercial OfficerAnnounced $20 million
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HYLN
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 Holdings Reports First-Quarter 2024 Financial ResultsBusiness Wire
- 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
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