SES AI reports Q1 EPS (4c) vs. (5c) last year

The company states: “We reached a new record for revenue with $5.8 million recognized in the first quarter, and we maintained our outlook for the year for a total of $15M to $25M in revenue. This is a strong start to what we project will be a transformational year for SES AI (SES). We are pleased to present an update on each of our growth initiatives and how they have positioned us to plan to exit 2025 with above $200 million in liquidity and a runway well into the second half of 2028.”