Xos, Inc. is an electric mobility company engaged in manufacturing electric trucks. The firm designs and develops fully electric battery mobility systems specifically for commercial fleets. The company was founded by Dakota Semler and Giordano Sordoni on July 29, 2020 and is headquartered in Los Angeles, CA.

Earnings data Q3 2021

Earnings data Q4 2021

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Xos reports strong Q1 performance, eyes growth and profitability

Xos demonstrated robust growth in Q1 2024 despite delivery challenges, focusing on core business expansion.
The company's strategic acquisition and introduction of the Xos Hub position it well for future growth.
With a strong cash position and clear guidance, Xos aims to achieve profitability and cash flow positivity.

Xos reports stellar Q2 results, eyes growth through innovation

Xos's Q2 performance reflects robust growth, driven by strong sales, strategic partnerships, and innovative product offerings. While scaling production and maintaining margins pose challenges, the company is well-positioned to capitalize on opportunities in the EV market.

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LOS ANGELES, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leading electric truck manufacturer and fleet services provider, announced it is scheduling the release of its third quarter 2024 operating results for Wednesday, November 13, 2024 after the close of the U.S. financial markets. Management will host a conference call to discuss these financial results at 4:30 p.m.

Xos, Inc. Announces Third Quarter 2024 Earnings Release Date and Conference Call

LOS ANGELES, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leading manufacturer of fully electric commercial vehicles, today announced the launch of the 2025 Xos SV Stepvan, featuring two new wheelbase options: 158" and 208". These additions complement the existing 178" wheelbase, offering fleet operators enhanced flexibility to meet their specific operational needs.

Xos, Inc. Unveils 2025 Xos SV Stepvan, Offering Greater Flexibility for Fleets

Xos, Inc. (NASDAQ:XOS ) Q2 2024 Earnings Call Transcript August 13, 2024 4:30 PM ET Company Participants Christen Romero - General Counsel Dakota Semler - CEO Giordano Sordoni - COO Liana Pogosyan - Acting CFO Conference Call Participants Mike Shlisky - D.A. Davidson Donovan Schafer - Northland Capital Markets Operator Greetings, everyone, and welcome to Xos, Inc.'s Second Quarter 2024 Earnings Call.

Xos, Inc. (XOS) Q2 2024 Earnings Call Transcript

Xos, Inc. (XOS) came out with a quarterly loss of $1.23 per share versus the Zacks Consensus Estimate of a loss of $1.94. This compares to loss of $4.20 per share a year ago.

Xos, Inc. (XOS) Reports Q2 Loss, Misses Revenue Estimates

Xos, Inc. rescheduling the release of its second quarter 2024 operating results to Tuesday, August 13, 2024 after the close of the U.S. financial markets.

Xos, Inc. Reschedules Second Quarter 2024 Earnings Release Date and Conference Call

LOS ANGELES, July 11, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leading electric truck manufacturer and fleet services provider, announced it will release its second quarter 2024 operating results on Monday, August 12, 2024 after the close of the U.S. financial markets. Management will host a conference call to discuss these financial results at 4:30 p.m.

Xos, Inc. Announces Second Quarter 2024 Earnings Release Date and Conference Call

LOS ANGELES, June 25, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leader in the electrification of fleets, is excited to announce the delivery of Xos SV Stepvans and comprehensive charging solutions to Morgan Services, a family-owned textile company. This delivery introduces Morgan Services to their first set of Class 6 battery-electric stepvans from Xos, with additional orders placed for their facilities in Los Angeles and San Diego.

Xos, Inc. Delivers First Stepvans and Energy Solutions to Neighbor, Morgan Services

The consensus price target hints at a 132% upside potential for Xos (XOS). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Does Xos (XOS) Have the Potential to Rally 132.04% as Wall Street Analysts Expect?

Blue Bird

MACON, Ga.--(BUSINESS WIRE)--Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, will debut its electric-powered step van at the upcoming 2024 Advanced Clean Transportation (ACT) Expo, North America's largest advanced transportation technology and clean fleet event. The company teamed up with Xos (Nasdaq: XOS) and Morgan Olson to manufacture the prototype. Blue Bird will showcase its groundbreaking zero-emission vehicle and underlying stripped chassis at.

Blue Bird Debuts Electric Step Van at 2024 Advanced Clean Transportation (ACT) Expo

Xos, Inc. (NASDAQ:XOS ) Q1 2024 Earnings Conference Call May 15, 2024 4:30 PM ET Company Participants Christen Romero - General Counsel Dakota Semler - Chief Executive Officer Giordano Sordoni - Chief Operating Officer Liana Pogosyan - Acting Chief Financial Officer Conference Call Participants Donovan Schafer - Northland Capital Markets Michael Shlisky - D.A. Davidson Stephen Gengaro - Stifel Operator Greetings, and welcome to Xos Inc. First Quarter 2024 Earnings Call.

Xos, Inc. (XOS) Q1 2024 Earnings Call Transcript

Improved cash position with $50 million from acquisition of ElectraMeccanica Delivered 180% year-over-year revenue growth Achieved industry-leading 21% gross margins LOS ANGELES, CA / ACCESSWIRE / May 15, 2024 / Xos, Inc. (NASDAQ:XOS) ("Xos" or the "Company"), a leading electric truck manufacturer and fleet services provider, today reported financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights: Completed acquisition of ElectraMeccanica, adding approximately $50.2 million (excluding certain costs paid at closing) to Xos' cash balance Launched the updated Xos Hub mobile charging solution Delivered 62 units and generated revenues of $13.2 million Achieved gross margins of 21.2% Dakota Semler, Chief Executive Officer of Xos, commented, "The $50 million that we secured this quarter and our industry-leading gross margins position Xos for a strong future.

Capital Injection and Robust Margins Position Xos, Inc. for a Strong 2024

LOS ANGELES, May 02, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), an industry-leading commercial electric vehicle manufacturer, has received official approval from the California Air Resources Board (CARB) for the 2024 Xos SV Battery Electric Stepvan to be listed on the Clean Truck and Bus Voucher Incentive Program (HVIP) catalog. The HVIP incentive, starting at a base amount of $85,000, offers Xos a significant opportunity to provide their innovative 2024 Xos SV Battery-Electric Stepvan at a reduced upfront cost to customers.

The 2024 Xos SV Stepvan Now Available for Incentives on the HVIP Vehicle Catalog

Xos, Inc. announced it will release its third quarter 2023 operating results on Wednesday, May 15, 2024 after the close of the U.S. financial markets.

Xos, Inc. Announces First Quarter 2024 Earnings Release Date and Conference Call

LOS ANGELES, April 04, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leading electric truck manufacturer and fleet electrification services provider, is excited to announce the release of the 2024 Xos SV Stepvan. This latest model boasts a range of new features and improvements, making it the most advanced and versatile stepvan from Xos to date.

Xos, Inc. Unveils Upgraded 2024 Xos SV Stepvan with Enhanced Features for Fleet Operators

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XOS completes the acquisition of ElectraMeccanica, positioning itself to become free cash flow positive.

XOS Completes ElectraMeccanica Acquisition to Boost Growth

LOS ANGELES, March 26, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leading electric truck manufacturer and fleet electrification services provider, today announced that it has closed its acquisition of ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica”), a designer and assembler of electric vehicles. Terms of the acquisition were first announced on January 11, 2024.

Xos, Inc. Accelerates Growth with Strategic Acquisition of ElectraMeccanica

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Xos, Inc. (XOS) Q4 2023 Earnings Call Transcript

Xos, Inc. (XOS) came out with a quarterly loss of $2.33 per share versus the Zacks Consensus Estimate of a loss of $2.40. This compares to loss of $4.20 per share a year ago.

Xos, Inc. (XOS) Reports Q4 Loss, Lags Revenue Estimates

Full Year Revenue increased 22% year-over-year Strong positive gross margins in the third and fourth quarters of 2023 Entered into a definitive agreement to acquire ElectraMeccanica and significantly strengthen Xos' balance sheet LOS ANGELES, CA / ACCESSWIRE / March 21, 2024 / Xos, Inc. (NASDAQ:XOS) ("Xos" or the "Company"), a leading electric truck manufacturer and fleet services provider, today reported financial results for the fourth quarter and year ended December 31, 2023. Full Year 2023 Highlights: 2023 revenue improved significantly to $44.5 million from $36.4 million in 2022 Achieved positive gross margins in the third and fourth quarters of 2023, supported by the release of an updated stepvan platform Bolstered position as the EV stepvan market leader with deliveries of 283 units to the largest fleets in North America, including FedEx Ground, UPS, Loomis, Canada Post, UniFirst, and Penske Reduced quarterly operating expenses by 43% in two years Subsequent to year end, entered into a definitive arrangement agreement to acquire ElectraMeccanica in an all-stock transaction that is expected to include over $45 million in cash to support Xos' ongoing operations Subsequent to year end, announced the updated Xos Hub™, a rapidly deployable charging unit designed to help expedite the electrification of fleets with 280kWh of energy capacity and charging rates of up to 160kW Dakota Semler, Chief Executive Officer of Xos, commented, "Last year was a year of positive milestones for Xos.

Market Leader Xos Positioned for Strong 2024 by Gross Margin Improvement and Pending Acquisition

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The average of price targets set by Wall Street analysts indicates a potential upside of 68.3% in Xos, Inc. (XOS). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Predict a 68.27% Upside in Xos, Inc. (XOS): Here's What You Should Know

LOS ANGELES, March 14, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leading electric truck manufacturer and fleet services provider, announced it will release its fourth quarter and full year 2023 operating results on Thursday, March 21, 2024 after the close of the U.S. financial markets.

Xos, Inc. Announces Fourth Quarter and Full Year 2023 Earnings Release Date and Conference Call

Xos, Inc. (XOS) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Xos, Inc. (XOS) Stock Jumps 28.0%: Will It Continue to Soar?

News for Xos Stock (XOS)