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Amprius Technologies Reports Second Quarter 2024 Business and Financial Results

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Amprius Technologies (NYSE: AMPX), a leader in next-generation lithium-ion batteries, has released its Q2 2024 business and financial results. The company has posted a detailed shareholder letter on its Investor Relations website, covering new high-performance battery deliveries, development of large manufacturing capabilities, and engagements with new customers and market segments.

A live conference call and webcast is scheduled for 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss financial results and business updates. Investors can join via toll-free number 888-428-7458 or international number 862-298-0702. The webcast will be available for replay on the company's website.

Amprius Technologies (NYSE: AMPX), un leader nelle batterie agli ioni di litio di nuova generazione, ha annunciato i risultati finanziari e commerciali del secondo trimestre 2024. L'azienda ha pubblicato una lettera dettagliata agli azionisti sul suo sito web per gli investitori, che tratta delle nuove consegne di batterie ad alte prestazioni, dello sviluppo di grandi capacità produttive e dei rapporti con nuovi clienti e segmenti di mercato.

È prevista una conferenza telefonica dal vivo e una trasmissione in streaming alle 17:00 ora orientale (14:00 ora del Pacifico) per discutere i risultati finanziari e aggiornamenti aziendali. Gli investitori possono partecipare chiamando il numero verde 888-428-7458 o il numero internazionale 862-298-0702. La trasmissione sarà disponibile per il riassunto sul sito web dell'azienda.

Amprius Technologies (NYSE: AMPX), un líder en baterías de iones de litio de nueva generación, ha publicado sus resultados financieros y comerciales del segundo trimestre de 2024. La empresa ha publicado una carta detallada a los accionistas en su sitio web de Relaciones con Inversores, que abarca las nuevas entregas de baterías de alto rendimiento, el desarrollo de grandes capacidades de fabricación y los compromisos con nuevos clientes y segmentos de mercado.

Se ha programado una conferencia telefónica en vivo y una transmisión en línea para las 5:00 p.m. Hora del Este (2:00 p.m. Hora del Pacífico) para discutir los resultados financieros y las actualizaciones comerciales. Los inversores pueden unirse a través del número gratuito 888-428-7458 o el número internacional 862-298-0702. La transmisión estará disponible para volver a ver en el sitio web de la empresa.

암프리우스 테크놀로지스(뉴욕 증권 거래소: AMPX)는 차세대 리튬 이온 배터리의 선두주자로서 2024년 2분기 사업 및 재무 결과를 발표했습니다. 이 회사는 투자자 관계 웹사이트에 주주를 위한 자세한 서한을 게시하였으며, 여기에는 새로운 고성능 배터리 납품, 대규모 제조 능력 개발, 신규 고객 및 시장 부문과의 관계가 포함되어 있습니다.

재무 결과 및 사업 업데이트에 대해 논의하기 위해 동부 표준시 오후 5시(태평양 표준시 오후 2시)에 실시간 컨퍼런스 콜과 웹 캐스트가 예정되어 있습니다. 투자자들은 무료 전화번호 888-428-7458 또는 국제 전화번호 862-298-0702로 참여할 수 있습니다. 웹 캐스트는 회사 웹사이트에서 다시 볼 수 있습니다.

Amprius Technologies (NYSE: AMPX), un leader dans les batteries lithium-ion de nouvelle génération, a publié ses résultats financiers et commerciaux pour le deuxième trimestre 2024. L'entreprise a mis en ligne une lettre détaillée aux actionnaires sur son site web des relations investisseurs, qui couvre les nouvelles livraisons de batteries haute performance, le développement de grandes capacités de fabrication et les relations avec de nouveaux clients et segments de marché.

Une conférence téléphonique en direct et un webinaire sont prévus pour 17h00 heure de l'Est (14h00 heure du Pacifique) afin de discuter des résultats financiers et des mises à jour commerciales. Les investisseurs peuvent se joindre à la discussion via le numéro gratuit 888-428-7458 ou le numéro international 862-298-0702. Le webinaire sera disponible en rediffusion sur le site web de l'entreprise.

Amprius Technologies (NYSE: AMPX), ein führendes Unternehmen im Bereich der Lithium-Ionen-Batterien der nächsten Generation, hat seine Geschäftszahlen und finanziellen Ergebnisse für das zweite Quartal 2024 veröffentlicht. Das Unternehmen hat einen detaillierten Aktionärsbrief auf seiner Investor-Relations-Website veröffentlicht, der neue Hochleistungsbatterie-Lieferungen, die Entwicklung großer Fertigungskapazitäten und die Zusammenarbeit mit neuen Kunden und Marktsegmenten behandelt.

Ein Live-Conference-Call und Webcast sind für 17:00 Uhr Eastern Time (14:00 Uhr Pacific Time) geplant, um die finanziellen Ergebnisse und Unternehmensupdates zu besprechen. Investoren können sich über die gebührenfreie Nummer 888-428-7458 oder die internationale Nummer 862-298-0702 einwählen. Der Webcast wird auf der Unternehmenswebsite zur Wiederholung verfügbar sein.

Positive
  • Delivery of new high-performance batteries to the market
  • Development of large manufacturing capabilities
  • Engagements with new customers and market segments
Negative
  • None.

Insights

Amprius Technologies' Q2 2024 results announcement is a important update for investors, but the lack of specific financial figures in this release is noteworthy. As a Silicon Anode Platform leader in next-gen lithium-ion batteries, Amprius' performance is vital for gauging progress in the advanced battery sector.

The company's focus on delivery of new high-performance batteries, development of large manufacturing capabilities and engagements with new customers and market segments suggests a strategic expansion. However, without concrete financial data, it's challenging to assess the success of these initiatives. Investors should closely examine the shareholder letter and attend the conference call for detailed metrics on revenue growth, margins and cash burn rate.

The expansion into new market segments could diversify Amprius' revenue streams, potentially reducing risk. Yet, the capital-intensive nature of scaling manufacturing in the battery industry means that cash management and operational efficiency will be critical factors to monitor.

Amprius' Silicon Anode Platform represents a significant technological advancement in lithium-ion batteries. The company's focus on high-performance batteries suggests they're targeting applications where energy density and power output are critical, such as aerospace or high-end consumer electronics.

The development of large manufacturing capabilities is a pivotal move. It indicates Amprius is transitioning from R&D to commercial-scale production, a challenging phase for many tech startups. Success here could position Amprius as a major player in the battery industry, but it also carries substantial operational and financial risks.

Engagement with new customers and market segments is promising, potentially signaling growing market acceptance of their technology. However, the battery industry is highly competitive, with established players and emerging technologies vying for market share. Amprius will need to demonstrate clear advantages in performance, cost, or both to secure a strong market position.

FREMONT, Calif.--(BUSINESS WIRE)-- Amprius Technologies, Inc. ("Amprius"), (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, today announced its business and financial results for the second quarter ended June 30, 2024.

Amprius posted a letter to shareholders on its Investor Relations website, ir.amprius.com, that details the company’s results and provides an update on its business initiatives including delivery of new high-performance batteries to the market, development of large manufacturing capabilities, and engagements with new customers and market segments.

Management will also hold a live conference call and webcast today at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss its financial results and business updates.

Time: 5:00 p.m. ET (2:00 p.m. PT)
Toll-Free Number: 888-428-7458
International Number: 862-298-0702
Webcast: Register and Join

The conference call will be broadcast simultaneously and available for webcast replay here.

About Amprius Technologies, Inc.

Amprius Technologies, Inc. is a leading manufacturer of high-energy and high-power lithium-ion batteries, producing the industry’s highest-known energy density cells. The company’s commercially available SiMaxx™ batteries deliver up to 450 Wh/kg and 1,150 Wh/L, with third-party validation of 500Wh/kg and 1,300 Wh/L. Amprius expanded its product portfolio to include the SiCore™ platform in 2024, significantly enhancing its ability to serve additional customer applications. The company’s corporate headquarters is in Fremont, California, where it maintains an R&D lab and a MWh scale manufacturing facility for the fabrication of silicon anodes and cells. To serve customer demand, Amprius entered into several agreements to secure over 500MW/h of contract manufacturing available today and entered into a lease agreement for a gigawatt-hour-scale facility in Brighton, Colorado. For additional information, please visit amprius.com. Also, see the company’s LinkedIn and Twitter pages.

Investors

Tom Colton, Greg Bradbury

Gateway Group, Inc.

949-574-3860

IR@amprius.com

Media

Zach Kadletz, Brenlyn Motlagh

Gateway Group, Inc.

949-574-3860

Amprius@gateway-grp.com

Source: Amprius Technologies, Inc.

FAQ

What were Amprius Technologies' (AMPX) key business updates in Q2 2024?

Amprius Technologies reported key business updates including delivery of new high-performance batteries, development of large manufacturing capabilities, and engagements with new customers and market segments in Q2 2024.

When is Amprius Technologies (AMPX) holding its Q2 2024 earnings call?

Amprius Technologies is holding its Q2 2024 earnings call on the same day as the results announcement at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time).

How can investors access Amprius Technologies' (AMPX) Q2 2024 financial results?

Investors can access Amprius Technologies' Q2 2024 financial results through a detailed shareholder letter posted on the company's Investor Relations website at ir.amprius.com.

What is Amprius Technologies' (AMPX) main product focus?

Amprius Technologies focuses on next-generation lithium-ion batteries with its Silicon Anode Platform technology.

Amprius Technologies, Inc.

NYSE:AMPX

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