Amprius: Q3 Earnings Snapshot

FREMONT, Calif. (AP) — FREMONT, Calif. (AP) — Amprius Technologies Inc. (AMPX) on Tuesday reported a loss of $3.5 million in its third quarter.

The Fremont, California-based company said it had a loss of 2 cents per share.

The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share.

The battery maker posted revenue of $39.1 million in the period, which topped Street forecasts. Six analysts surveyed by Zacks expected $35.8 million.

Amprius expects a full-year loss of 7 cents per share, with revenue expected to be $145 million.

Amprius shares have increased 16% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $9.17, a drop of 33% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMPX at https://www.zacks.com/ap/AMPX