Hyliion Holdings reports Q1 EPS (9c) vs. (16c) last year

“I’m excited with the progress we’ve achieved in the past quarter as we remain on course for the initial deployment of KARNO generators to customers later this year,” stated Thomas Healy, CEO. “The growing interest from customers in our technology is promising, and we anticipate expanding our order backlog throughout this year for 2025. Additionally, we’re swiftly increasing our production capacity by introducing additive printers to our Austin, Texas facility to meet rising demand.”