Hyliion Shares Plummet After Mixed Q3 Results, Earnings Miss Estimates

Hyliion Holdings Corp. reported Q3 loss of 8 cents per share, beating estimates, but sales of $759,000 missed consensus of $1.65 million. The company's KARNO Power Module achieved initial customer performance requirements and demonstrated emissions performance exceeding local standards. Shares are down 14.45% at $1.86.