05:46 PM EDT, 07/24/2024 (MT Newswires) -- QuantumScape ( QS ) reported Q2 diluted loss Wednesday of $0.25 per share, narrowing from a loss of $0.26 a year earlier.

Four analysts polled by Capital IQ expected $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.

Shares were down 5% in extended session.

Price: 7.08, Change: -0.38, Percent Change: -5.10