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Spruce Power Holding Corporation (NYSE:SPRU) Q4 2022 Earnings Call Transcript

Operator: Good afternoon. My name is Emma, and I will be your conference operator today. ....

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XL Fleet: Could Be On The Verge Of Collapse (NYSE:XL)

XL Fleet is seeing increased cash burn as it restructures operations and handles legal proceedings with the SEC. Read why buying the stock at current prices may result in heavy losses. ....

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XL Fleet Installs Charging Infrastructure to Power Apex Clean Energy's Electrified Vehicle Deployments | Illinois

BOSTON (BUSINESS WIRE) Dec 21, 2021 ....

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Why XL Fleet Stock Soared Today | The Motley Fool

Author Bio
Evan is a Senior Technology Analyst at The Motley Fool. He was previously a Senior Trading Specialist at Charles Schwab, and worked briefly at Tesla. Evan graduated from the University of Texas at Austin, and is a CFA charterholder.
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What happened
Shares of
XL Fleet (NYSE:XL) soared today, up by 11% as of 2:45 p.m. EDT, after the company reported first-quarter earnings. XL Fleet also announced an acquisition intended to bolster its charging infrastructure offerings.
So what
Revenue in the first quarter was $675,000, which missed the consensus estimate of $970,000. That resulted in net income of $61.9 million, or $0.42 per share. However, the profit was primarily attributable to an accounting adjustment related to the change in fair value of warrant liability, as XL Fleet redeemed all of its outstanding warrants during the quarter. The company, which provides automotive electrification serv ....

Dimitri Kazarinoff , World Energy Efficiency Services ,

XL Fleet Acquires World Energy Efficiency Services to Accelerate Fleet Electrification Adoption and Expand Charging Infrastructure Offering

XL Fleet Acquires World Energy Efficiency Services to Accelerate Fleet Electrification Adoption and Expand Charging Infrastructure Offering
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