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Stock impact report

Expion360 Reports Fourth Quarter and Full Year 2023 Financial Results [Yahoo! Finance]

Expion360 Inc. (XPON) 
Company Research Source: Yahoo! Finance
Fortified Balance Sheet Enables Company to Expand Revenue Profile with Newly Launched Home Energy Storage Systems (ESS) 2024 Anticipated Milestones Include: New Strategic Partnerships, OEM Expansion and Disruptive Product Launches Across Multiple Market Segments REDMOND, Ore., March 28, 2024 (GLOBE NEWSWIRE) -- Expion360 Inc. (Nasdaq: XPON) (“Expion360” or the “Company”), an industry leader in lithium-ion battery power storage solutions, today reported its financial and operational results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter & Subsequent 2024 Financial & Operational Highlights Q4 Revenues totaled $0.9 million, compared to $1.4 million in the prior year period. Q4 Net loss totaled $2.2 million compared to a loss of $1.5 million in the prior year period as the Company continued to invest in new product development and launches. Entered the home energy storage market with the introduction of two premium lithium iron phosphate (“LiFePO Show less Read more
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