Xos, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 13.16 million compared to USD 4.7 million a year ago. Net loss was USD 11 million compared to USD 24.33 million a year ago.

Basic loss per share from continuing operations was USD 1.8 compared to USD 4.32 a year ago. Diluted loss per share from continuing operations was USD 1.8 compared to USD 4.32 a year ago.