Hyliion Raises Full-Year Revenue Guidance to $18 Million Following Strong Q3 Performance
Hyliion Holdings (HYLN) has raised its full-year revenue outlook to $18 million following a strong third quarter that generated $7.5 million in revenue. CEO Thomas Healy noted the upward revision is driven by current momentum and operational strength. In addition to financial guidance, the company is focusing on technical milestones, specifically targeting the achievement of 200-kilowatt power output by the end of the year. This development is part of Hyliion's ongoing efforts to advance its powertrain technology.
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