Xos sees FY25 revenue $50.2M-$65.8M

Sees FY25 unit deliveries 320-420 units. Sees FY25 operating loss $14M-$17.2M. Liana Pogosyan, acting CFO of Xos (XOS), added, “This year, we continued to increase our revenues, delivered the first full year GAAP positive gross margins and reduced total operating expenses. This quarter, we also achieved significant net cash provided by operating activities and our first ever positive Free Cash Flow.”