Xos Delivers First Quarter Results, Highlighting GAAP Margin Gains

Achieved positive gross margin of approximately 20%, for the first quarter 2025LOS ANGELES, May 14, 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 first quarter ended March 31, 2025. First Quarter 2025 Highlights: Delivered 29 units and generated $5.9 million in revenue during the first quarter of 2025, compared to 62 units and$13.2 million in revenue in the first quarter ...