05:50 AM EDT, 04/25/2024 (MT Newswires) -- QuantumScape ( QS ) reported late Wednesday fiscal Q1 loss of $0.24 per share, unchanged from a year earlier.

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

No revenue was reported for the quarter ended March 31.

For 2024, the company expects adjusted loss before interest, taxes, depreciation and amortization of between $250 million and $300 million.

The company expects its current cash runway to extend into H2 2026.

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