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Amprius: Q1 Earnings Snapshot

FREMONT, Calif. (AP) — FREMONT, Calif. (AP) — Amprius Technologies Inc. (AMPX) on Wednesday reported a loss of $5 million in its first quarter.

On a per-share basis, the Fremont, California-based company said it had a loss of 4 cents.

The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.

The battery maker posted revenue of $28.5 million in the period, surpassing Street forecasts. Six analysts surveyed by Zacks expected $25.7 million.

Amprius expects full-year revenue of $130 million.

Amprius shares have nearly tripled since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $22.19, climbing ninefold in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMPX at https://www.zacks.com/ap/AMPX

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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