XL earnings

XL Fleet Corp. (NYSE:XL) ("XL Fleet" or the "Company"), a residential solar provider of subscription-based services that make it easy for homeowners and small businesses to own and maintain rooftop solar and battery storage, today announced that it will release its third quarter 2022 financial results after market close on Wednesday, November 9, 2022. This release will be followed by a conference call hosted by members of the XL Fleet management team at 5:00 p.m. Eastern Time on Wednesday, November 9, 2022. As recently announced, XL Fleet completed a transformational acquisition of Spruce Power, the largest privately held solar-as-a-service provider. Results for the third quarter of 2022 w

Completed acquisition of Spruce Power from funds managed by HPS for total cash consideration of approximately $58 million and the assumption of approximately $542 million of debt on September 9, 2022 Spruce Power is the largest privately held owner and operator of residential rooftop solar systems in the U.S. with more than 52,000 subscribers Acquisition is cornerstone of XL Fleet's new corporate strategy to become leading provider of subscription-based solutions for rooftop solar, battery storage and EV charging Spruce Power generated $15 million of net income and $51 million of Adjusted EBITDA during the twelve months ended June 30, 2022 More than $240 million of unrestricted ca

XL Fleet Corp. (NYSE:XL) ("XL Fleet" or the "Company"), a leading provider of fleet electrification and energy efficiency solutions, today announced that it will release its second quarter 2022 financial results after market close on Tuesday, August 9, 2022. This release will be followed by a conference call hosted by members of the XL Fleet management team at 5:00 p.m. Eastern Time on Tuesday, August 9, 2022. The call can be accessed live over the telephone by dialing (877) 510-3772, or for international callers, (412) 902-0125 and referencing XL Fleet. Alternatively, the call can be accessed via a live webcast accessible on the Events & Presentations page in the Investor Relations sectio

XL Fleet Corp. (NYSE:XL) ("XL Fleet" or the "Company"), a leading energy efficiency and fleet electrification solutions provider, today announced that it will release its first quarter 2022 financial results after market close on Tuesday, May 10, 2022. This release will be followed by a conference call hosted by members of the XL Fleet management team at 5:00 p.m. Eastern Time on Tuesday, May 10, 2022. The call can be accessed live over the telephone by dialing (844) 826-3033, or for international callers, (412) 317-5185 and referencing XL Fleet. Alternatively, the call can be accessed via a live webcast accessible on the Events & Presentations page in the Investor Relations section of The

XL Fleet Corp. (NYSE:XL) ("XL Fleet" or the "Company"), a leading provider of fleet electrification solutions, today announced fourth quarter and full-year 2021 financial results. Fourth Quarter, Full-Year 2021 and Recent Highlights Generated revenue for fourth quarter of 2021 of $8.0 million, compared to $10.9 million in the prior year Realized gross loss for the fourth quarter of 2021 of $1.6 million, compared to gross profit of $2.0 million in the prior year Exited fourth quarter of 2021 with cash and cash equivalents of approximately $352 million Appointed automotive and mobility sector veteran Eric Tech as new CEO of XL Fleet, effective December 1, 2021 Appointed Chris Goldn

XL Fleet Corp. (NYSE:XL) ("XL Fleet" or the "Company"), a leading provider of fleet electrification solutions, today announced that Cielo Hernandez has resigned as Chief Financial Officer of the Company as of January 31, 2022, to pursue other career opportunities. Ms. Hernandez's departure is not related to any disagreement with the Company over its accounting principles or practices, or financial statement disclosures. Chris Goldner, XL Fleet's Corporate Controller, has been appointed to serve as Interim Chief Financial Officer, effective February 1, 2022, while the Company undertakes a search for a permanent successor. Mr. Goldner has over twenty years of financial leadership experience

XL Fleet Corp. (NYSE:XL) ("XL Fleet" or the "Company"), a leading provider of fleet electrification solutions for commercial vehicles in North America, today announced third quarter 2021 financial results. Third Quarter 2021 and Recent Highlights Generated revenue for third quarter of 2021 of $3.2 million, compared to $6.3 million in the prior year Realized gross profit for the third quarter of 2021 of $0.7 million, compared to $0.8 million in the prior year Delivered gross margins of approximately 22%, compared to gross margins of approximately 12% in the prior year Exited third quarter of 2021 with cash and cash equivalents of approximately $367 million Expanded platform availa

Automotive and mobility sector veteran Eric Tech named CEO of XL Fleet Tech brings nearly 35 years of industry and leadership experience at Ford and Navistar Announces preliminary unaudited financial results for the third quarter of 2021 XL Fleet Corp. (NYSE:XL) ("XL Fleet" or the "Company"), a leading provider of vehicle electrification solutions for commercial and municipal fleets, today announced that its Board of Directors (the "Board") has appointed Eric Tech as Chief Executive Officer of XL Fleet, effective December 1, 2021. Mr. Tech brings nearly 35 years of automotive and mobility industry experience and has held senior leadership positions at Navistar International Corporation

XL Fleet Corp. (NYSE:XL) ("XL Fleet" or the "Company"), a leading provider of fleet electrification solutions for commercial vehicles in North America, today announced second quarter 2021 financial results. Second Quarter 2021 and Recent Highlights Generated revenue for second quarter of 2021 of $3.7 million, compared to $1.9 million in the prior year, driven by the addition of World Energy in mid-May 2021 Realized gross profit for the second quarter of 2021 of $1.0 million, reflecting gross margins of approximately 26% Exited second quarter of 2021 with cash balance of $384 million Achieved nearly 4,500 cumulative hybrid and plug-in hybrid drive systems sold through second quarter