This Battery Startup Beats Views, Sending Shares Up Sharply

Core Viewpoint - QuantumScape's third-quarter results exceeded analyst expectations, leading to a significant increase in its stock price [1] Company Summary - QuantumScape reported a loss of 18 cents per share, an improvement from a loss of 23 cents per share in the same quarter last year [1] - The consensus estimate from analysts was a loss of 20 cents per share, indicating that QuantumScape outperformed expectations [1] - The company's losses over the previous eight quarters ranged from 20 to 25 cents per share, showing a trend of decreasing losses [1]