Achieved $3.3 million of net cash provided by operating activities, and our first quarter of positive Free Cash Flow of $3.3 million Achieved positive gross margins of approximately 7% and approximately 18% non-GAAP gross margins, for the full year 2024 Exceeded 25% revenue growth year-over-year from 2023 to 2024 LOS ANGELES, March 28, 2025 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ:XOS) ("Xos" or the "Company"), a leading electric truck manufacturer and fleet services provider, today reported financial results for the fourth quarter and year ended December 31, 2024. Fourth Quarter and Full Year 2024 Highlights: 2024 revenue increased to $56.0 million, up from $44.5 million in 2023Delivere

LOS ANGELES, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ:XOS), a leading electric truck manufacturer and fleet services provider, announced it is scheduling the release of its fourth quarter 2024 operating results on Friday, March 28, 2025 after the close of the U.S. financial markets. Management will host a conference call to discuss these financial results at 4:30 p.m. Eastern Daylight Time / 1:30 p.m. Pacific Daylight Time that same day. Conference Call and Webcast Details Date / Time:Friday, March 28, 2025, at 4:30 p.m. EDT / 1:30 p.m. PDTWebcast: https://viavid.webcasts.com/starthere.jsp?ei=1709599&tp_key=0358d3de2eU.S. Toll-Free Dial In: 1-833-816-1411International Dial In:

LOS ANGELES, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ:XOS), a leading provider of fleet electrification and energy solutions, is thrilled to announce that its innovative Xos Hub™ has been officially added to the General Services Administration (GSA) Schedule. This milestone makes it easier than ever for federal agencies and authorized customers to quickly and efficiently procure the Xos Hub, a state-of-the-art mobile energy storage system and DC fast charger. "As Federal agencies seek to reduce operational expenses, the total cost of ownership benefits of EVs present a massive opportunity for budget savings. The Xos Hub is the only solution of its kind, enabling fleets to byp

Northland Capital downgraded Xos from Outperform to Market Perform and set a new price target of $5.00

ROTH MKM initiated coverage of Xos with a rating of Buy and set a new price target of $15.00

DA Davidson downgraded Xos from Buy to Neutral and set a new price target of $9.00 from $17.00 previously

4 - Xos, Inc. (0001819493) (Issuer)

4 - Xos, Inc. (0001819493) (Issuer)

4 - Xos, Inc. (0001819493) (Issuer)

10-K - Xos, Inc. (0001819493) (Filer)

8-K - Xos, Inc. (0001819493) (Filer)

8-K - Xos, Inc. (0001819493) (Filer)

LOS ANGELES, Oct. 21, 2022 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ:XOS), a leading technology company that provides fleet services, software solutions, and manufactures Class 5 through Class 8 battery-electric commercial vehicles, today announced that Stuart Bernstein has joined the Board of Directors (the "Board"), effective October 20th. Mr. Bernstein will serve as a member of the Audit and Compensation committees. Mr. Bernstein will be a Class III director and will serve until the Annual meeting of stockholders in 2024, or such later time if he stands for re-election as a Board member and is re-elected. Mr. Bernstein will replace Ms. Sara Mathew, a current Class III director, who will be

Achieved $3.3 million of net cash provided by operating activities, and our first quarter of positive Free Cash Flow of $3.3 million Achieved positive gross margins of approximately 7% and approximately 18% non-GAAP gross margins, for the full year 2024 Exceeded 25% revenue growth year-over-year from 2023 to 2024 LOS ANGELES, March 28, 2025 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ:XOS) ("Xos" or the "Company"), a leading electric truck manufacturer and fleet services provider, today reported financial results for the fourth quarter and year ended December 31, 2024. Fourth Quarter and Full Year 2024 Highlights: 2024 revenue increased to $56.0 million, up from $44.5 million in 2023Delivere

LOS ANGELES, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ:XOS), a leading electric truck manufacturer and fleet services provider, announced it is scheduling the release of its fourth quarter 2024 operating results on Friday, March 28, 2025 after the close of the U.S. financial markets. Management will host a conference call to discuss these financial results at 4:30 p.m. Eastern Daylight Time / 1:30 p.m. Pacific Daylight Time that same day. Conference Call and Webcast Details Date / Time:Friday, March 28, 2025, at 4:30 p.m. EDT / 1:30 p.m. PDTWebcast: https://viavid.webcasts.com/starthere.jsp?ei=1709599&tp_key=0358d3de2eU.S. Toll-Free Dial In: 1-833-816-1411International Dial In:

LOS ANGELES, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ:XOS) ("Xos" or the "Company"), a leading electric truck manufacturer and fleet services provider, today reported financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights: Generated revenues of $15.8 million, up from $15.5 million last quarter and down from $16.7 million in the third quarter of 2023Delivered 94 units, up from 90 units last quarter and down from 105 units in the third quarter of 2023Achieved gross margins of 18.1%, up from 13.1% last quarter, and up from 11.9% in the third quarter of 2023Began serial production in Tennessee of Xos Hub, the company's multi-EV mobi

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