QuantumScape (NYSE: QS) surged 15% in premarket trading Thursday after reporting a smaller-than-expected Q3 loss and raising its full-year adjusted EBITDA guidance.
The solid-state battery maker posted a GAAP loss of $0.18 per share, beating analyst expectations of a $0.20 loss.
Additionally, QuantumScape raised its full-year adjusted EBITDA guidance, signaling confidence in its financial performance moving forward.
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