OTC$TSPH
TuSimple Holdings Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
TuSimple's revenue increased year-over-year, driven by strategic customers, while the company continued to advance its autonomous driving technology and expand its AFN ecosystem.
TuSimple reported a revenue of $2.3 million for Q1 2022, a 140% increase year-over-year. The company continued to advance its Driver Out operations and expanded its AFN ecosystem with new terminals and partnerships. TuSimple also increased its total truck reservations to 7,475.
- Continued Driver Out operations with refinement of Minimum Risk Condition capabilities.
- Announced an advanced Integration with Werner Enterprises to provide roadside service and support.
- Expanded dedicated AFN terminal footprint to Ryder facilities in Houston and Laredo preparing for Driver Out operations in Texas.
- Increased reservations by 500 in Q1 from blue chip customers, such as Loadsmith, for a total of 7,475 reservations.
Headline financials
Revenue & EPS history
TuSimple · Revenue · Quarterly
$2.26M
Forward guidance
TuSimple is focused on expanding its driverless operations over the next two years and will release more precise milestone timing in the coming weeks.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
+3.5%
Avg return
Earnings day
+12.2%
Avg return
5 days after
+100.0%
Avg return
30 days after
60%
9 / 15 earnings
Positive
+20.2%
Q4 2022
Best reaction
-9.9%
Q2 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2023 | +0.0% | +12.2% | +100.0% | |
| Q3 2023 | -5.2% | — | — | |
| Q1 2023 | +7.6% | — | — | |
| Q2 2023 | +7.6% | — | — | |
| Q4 2022 | +20.2% | — | — | |
| Q3 2022 | +6.6% | — | — | |
| Q2 2022 | +8.0% | — | — | |
| Q1 2022 | +5.6% | — | — | |
| Q4 2021 | +11.9% | — | — | |
| Q4 2019 | +11.9% | — | — | |
| Q3 2021 | -5.3% | — | — | |
| Q3 2020 | -5.3% | — | — | |
| Q2 2021 | -9.9% | — | — | |
| Q4 2020 | -2.7% | — | — | |
| Q1 2021 | +2.1% | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro