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PDYN $5.34 +4.30%
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PDYN · Palladyne AI Corp.
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$5.34 +0.22 (+4.30%) At close · Oct 6
Market Cap
$265.93M
Shares
49.34M
Volume · Oct 6 891.23K Avg daily vol (3M) 954.24K
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Earnings call · FY2023 Q1

Palladyne AI Corp. (PDYN) Q1 2023 Earnings Call

Concluded May 10, 2023
May 10, 2023 0 turns
Period
FY2023 Q1
Runtime
—
Sources
2 artifacts

Executive readout · one minute

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Read the call alongside every captured source. 8-K earnings release, 10-Q stay in one workspace.

Forward guidance

4 guided metrics

Management's latest ranges and targets are included below.

Research coverage

2 live sources

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Revenue $2.30M +209% YoY
Diluted EPS -$0.84
Net income -$21.48M

Research materials

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Forward guidance

From the 8-K filed May 10, 2023.

Metric Guided Actual
Total revenue Initiated
second quarter 2023
$2.1M $1.28M below
Product sales revenue Initiated
second quarter 2023
$400,000 —
Total revenue Maintained
full year 2023
$23M – $25M $6.15M below
Cash used in operating activities Initiated
second quarter of 2023
$5M —

Quarter detail

How the reported period landed and where the business moved.

Result vs. guidance

Revenue Below

Revenue · products & services

Product Development Contract Revenue$2.30M
Product Revenue$0
Full-screen source Call document