MARKET

SES

SES

SES AI
NYSE
1.420
+0.030
+2.16%
After Hours: 1.420 0 0.00% 16:25 05/08 EDT
OPEN
1.400
PREV CLOSE
1.390
HIGH
1.480
LOW
1.335
VOLUME
409.48K
TURNOVER
0
52 WEEK HIGH
3.210
52 WEEK LOW
1.145
MARKET CAP
506.96M
P/E (TTM)
-8.5183
1D
5D
1M
3M
1Y
5Y
Here's Why We're Not Too Worried About SES AI's (NYSE:SES) Cash Burn Situation
SES AI (NYSE:SES) has a negative free cash flow of US$67m in the last year. The company is burning through cash to fund its operations. SES AI has a 4.8 years of cash runway, meaning the company could raise more cash in the future. We look at the company's cash burn to see if shareholders should be worried about its cash burn. In March 2024, SES had US$319m in cash and is debt-free.
Simply Wall St · 1d ago
Weekly Report: what happened at SES last week (0429-0503)?
Weekly Report · 2d ago
Ses AI Corporation Quarterly Report for the Period Ended March 31, 2024
Press release · 4d ago
SES Stock Earnings: SES AI Meets EPS for Q1 2024
SES AI reported earnings per share of -5 cents for the first quarter of 2024. The company did not report any revenue for the quarter. SES AI met the analyst estimate for EPS of -6 cents but did not meet the revenue estimate. The company reported results for first quarter 2024.
Investorplace · 5d ago
SES AI Q1 2024 GAAP EPS $(0.05), Inline
Benzinga · 6d ago
SES AI GAAP EPS of -$0.05
SES AI posted Q1 GAAP EPS of -$0.05. The company ended the first quarter with $319M in liquidity. SES AI affirmed its full-year 2024 guidance for cash usage from operations to be between $90M and $100M.
Seeking Alpha · 6d ago
Press Release: SES AI Reports First Quarter 2024 Earnings Results; Affirms 2024 Outlook
SES AI Corp. Reports First Quarter 2024 Earnings Results; Affirms 2024 Outlook Highlights. SES AI is a global leader in the development and manufacturing of high-performance Li-Metal batteries. The world's first to build and operate a Li- metal line within an automotive OEM's facility. The 2024 outlook previously issued on February 26, 2024 is affirmed. The company will hold a conference call on May 3, 2024.
Dow Jones · 6d ago
*SES AI Reports 1Q 2024 Earnings Results; Affirms 2024 Outlook
Dow Jones · 6d ago
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About SES
SES AI Corporation is a pre-commercialization stage company engaged in the development and production of high-performance, Lithium-Metal (Li-Metal) rechargeable battery technologies for electric vehicles (EVs), urban air mobility, which includes electric vehicle take-off and landing (eVTOL) technology and other applications. It manufactures integrated Li-Metal battery with capabilities in material, cell, module, artificial intelligence (AI)-powered safety algorithms and recycling. Its battery technology has been designed to combine the high energy density of Li-Metal with large-scale manufacturability of conventional Lithium-ion batteries. Its battery platforms include Hermes, Apollo and Avatar. Hermes is its internal new material research and development platform. Apollo is large format EV and eVTOL cells that combine the material development from Hermes and the Li-Metal cell engineering and manufacturing. Avatar is an AI-powered digital twin equivalent of physical Li-Metal batteries.

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