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10-Q: Q2 2024 Earnings Report

10-Q: Q2 2024 Earnings Report

10-Q:2024財年二季報
美股SEC公告 ·  2024/07/31 16:25

Moomoo AI 已提取核心訊息

Aurora Innovation reported Q2 2024 financial results with revenue remaining at zero while net loss narrowed to $182 million from $218 million year-over-year. Operating expenses decreased 9% to $198 million, driven by lower hardware costs for development fleets and reduced stock-based compensation. The company maintained a strong liquidity position with $402 million in cash and $618 million in short-term investments.Research and development expenses declined 9% to $170 million as the company optimized development fleet costs, while selling, general and administrative expenses decreased 7% to $28 million through reduced personnel costs. The company's Driver as a Service business model continues to progress, with plans to first launch Aurora Driver for Freight, its driverless trucking subscription service.Management expects current liquidity to be sufficient for at least 12 months of operations but acknowledges the need to raise additional capital to support continued development and commercialization of the Aurora Driver. The company faces ongoing challenges from economic uncertainties and inflationary pressures while working toward its commercial launch targets.
Aurora Innovation reported Q2 2024 financial results with revenue remaining at zero while net loss narrowed to $182 million from $218 million year-over-year. Operating expenses decreased 9% to $198 million, driven by lower hardware costs for development fleets and reduced stock-based compensation. The company maintained a strong liquidity position with $402 million in cash and $618 million in short-term investments.Research and development expenses declined 9% to $170 million as the company optimized development fleet costs, while selling, general and administrative expenses decreased 7% to $28 million through reduced personnel costs. The company's Driver as a Service business model continues to progress, with plans to first launch Aurora Driver for Freight, its driverless trucking subscription service.Management expects current liquidity to be sufficient for at least 12 months of operations but acknowledges the need to raise additional capital to support continued development and commercialization of the Aurora Driver. The company faces ongoing challenges from economic uncertainties and inflationary pressures while working toward its commercial launch targets.
Aurora Innovation報告了2024年第二季度的財務結果,營業收入保持爲零,而淨虧損從去年的21800萬減少到18200萬。營業費用下降了9%,降至19800萬,這得益於開發車隊的硬件成本降低和股票激勵費用減少。公司保持了強勁的流動性,現金達到40200萬,短期投資達到61800萬。研發費用下降了9%,降至17000萬,因爲公司優化了開發車隊的成本,而銷售、一般和管理費用通過減少人事成本下降了7%,降至2800萬。公司的"司機即服務"商業模式持續進展,計劃首先推出Aurora Driver for Freight,即無司機的公路運輸訂閱服務。管理層預計當前的流動性足以支撐至少12個月的運營,但承認需要籌集額外資金以支持Aurora Driver的持續開發和商業化。公司在朝着商業化目標邁進的同時,面臨經濟不確定性和通貨膨脹壓力的持續挑戰。
Aurora Innovation報告了2024年第二季度的財務結果,營業收入保持爲零,而淨虧損從去年的21800萬減少到18200萬。營業費用下降了9%,降至19800萬,這得益於開發車隊的硬件成本降低和股票激勵費用減少。公司保持了強勁的流動性,現金達到40200萬,短期投資達到61800萬。研發費用下降了9%,降至17000萬,因爲公司優化了開發車隊的成本,而銷售、一般和管理費用通過減少人事成本下降了7%,降至2800萬。公司的"司機即服務"商業模式持續進展,計劃首先推出Aurora Driver for Freight,即無司機的公路運輸訂閱服務。管理層預計當前的流動性足以支撐至少12個月的運營,但承認需要籌集額外資金以支持Aurora Driver的持續開發和商業化。公司在朝着商業化目標邁進的同時,面臨經濟不確定性和通貨膨脹壓力的持續挑戰。
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