By Stephen Nakrosis
Shares of electric-vehicle maker Xos were trading higher in the after-hours market following the release of fourth-quarter financial results and 2025 guidance.
In the Friday late trading market, XOS shares were up 12%, trading at $3.86. Volume topped 1.3 million shares after the bell.
The stock ended the day's regular-trading session down 3.3%, closing at $3.44.
The company reported a fourth-quarter loss per share of $2.36 on revenue of $11.5 million. In the year-ago period, XOS reported a loss per share of $2.33 on revenue of $18.3 million.
For full year 2024, the company had a loss per share of $6.69 on revenue of $55.9 million. In 2023, the company reported a loss per share of $13.11 on revenue of $44.5 million.
XOS said it received its largest customer order in 2025 for 193 units from UPS, expected to be delivered this year.
XOS said it expects 2025 revenue in a range of $50.2 million to $65.8 million.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
March 28, 2025 17:55 ET (21:55 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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