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QuantumScape Corp. (NASDAQ:QS) reported first-quarter results after Wednesday’s closing bell, posting a narrower-than-expected quarterly loss.
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QuantumScape Q1 Details
QuantumScape reported quarterly losses of 16 cents per share, which beat the consensus estimate for a loss of 18 cents, according to Benzinga Pro data.
The company reported an adjusted EBITDA loss of $63.2 million in the first quarter, in line with expectations, and reiterated its full-year adjusted EBITDA loss guidance of between $250 million and $275 million.
Management also reiterated full-year capex guidance of between $40 million …
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