OTC$TSPH
TuSimple Holdings Inc · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
TuSimple reported a decrease in operating expenses and a reduced loss from operations, while highlighting advancements in autonomous driving technology and fuel efficiency.
TuSimple reported its Q3 2023 results, featuring advancements in L4 autonomous technology and a fuel efficiency study showing an 11% gain. The company's financials revealed a reduced loss from operations and AEBITDA loss compared to the previous quarter, alongside holding $776.8 million in cash, equivalents, and investments.
- Demonstrated an 11% fuel efficiency gain through autonomous driving compared to manual driving in a U.S. study.
- Progressed in L4 use cases and testing capabilities within the APAC region, in collaboration with OEMs.
- Reported a loss from operations of $70.6 million for Q3 2023.
- Maintained a strong financial position with $776.8 million in cash, equivalents, and investments as of September 30, 2023.
Headline financials
Revenue & EPS history
TuSimple · Revenue · Quarterly
$0
Forward guidance
TuSimple's forward guidance was not available in this report.
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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