OTC$TSPH
TuSimple Holdings Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
TuSimple's progress towards driver out commercialization and partnership with Hegelmann Group were the highlights of the quarter.
TuSimple reported a revenue of $2.6 million, a 73% increase year-over-year. The company is focused on preparing for driver out operations in the Texas Triangle and continues to drive towards commercialization.
- Announced leadership changes with the addition of two key positions to support commercialization.
- Expanded patent portfolio with 37 new patents focusing on efficient commercial AV operations.
- Announced partnership with global logistics leader, Hegelmann Group.
- Updated 2022 adjusted EBITDA, stock-based compensation, CapEx and ending cash balance guidance.
Headline financials
Revenue & EPS history
TuSimple · Revenue · Quarterly
$2.59M
Forward guidance
TuSimple provided updated full year 2022 guidance.
Tailwinds
- Revenue: $9 - $11 million, unchanged
- Adjusted EBITDA Loss: $360 - $380 million (previous: $400 - $420 million)
- Stock-based Compensation Expense: $100 - $120 million (previous: $155 - $175 million)
- Purchases of property and equipment: $20 - $30 million (previous: $30 - $40 million)
- Ending Cash at 12/31/2022: Approximately $950 million (previous: approximately $900 million)
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 | — | — | — |
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