OTC$TSPH
TuSimple Holdings Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
TuSimple reported Q4 2022 results and provided business updates.
TuSimple's Q4 2022 revenue was $1.9 million, a 9% decrease year-over-year, with a GAAP loss from operations of $147.3 million. The company ended the year with $994.8 million in cash, equivalents, and investments. TuSimple restructured its operations and paused U.S. freight operations while continuing technology testing.
- Advanced L4 autonomous technology and capabilities globally.
- Increased global patent portfolio by 34% in 2022, with 519 patents granted globally.
- Achieved over 10 million cumulative miles through testing, research, and freight delivery.
- APAC operations continued to develop TuSimple’s Domain Controller in partnership with NVIDIA, launching the product in April 2023.
Headline financials
Revenue & EPS history
TuSimple · Revenue · Quarterly
$1.86M
Forward guidance
TuSimple does not expect to generate significant revenue in 2023 due to changes in U.S. fleet operations and plans to focus on testing operations and R&D.
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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