12:18 PM EDT, 07/25/2024 (MT Newswires) -- (Updates with stock move in the headline and first paragraph.)

QuantumScape's ( QS ) shares fell 8.2% in recent Thursday trading, a day after the company reported its Q2 results.

The battery manufacturer reported a Q2 diluted loss of $0.25 per share, narrowing from a loss of $0.26 a year earlier.

Four analysts polled by Capital IQ expected a $0.23 loss per share.

No revenue was reported for the quarter ended June 30.

The company had approximately $214.4 million in cash, cash equivalents and restricted cash as of the end of Q2.

Price: 6.85, Change: -0.62, Percent Change: -8.24