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QuantumScape's stock rose after reporting a smaller Q3 loss and progress on its solid-state batteries.
QuantumScape's stock rose in extended trading after reporting a narrower-than-expected third-quarter loss of 18 cents per share, up from analysts' forecast of a 21-cent loss.
The company reported $12.8 million in customer billings, confirmed shipment of B1 sample battery cells to partners, and extended its cash runway to around 2030.
Despite recent volatility and a pre-earnings pullback, investors reacted positively to the improved financials and progress toward commercialization of its solid-state battery technology.
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Las acciones de QuantumScape subieron después de reportar una menor pérdida en el tercer trimestre y un progreso en sus baterías de estado sólido.