Shares of Tritium DCFC Limited (DCFC), a direct current fast chargers maker for electric vehicles, are falling more than 8% Friday morning after reporting higher loss for the year ended June 30, 2022.
Net loss for the year widened to $127.56 million or $1.01 per share from $63.09 million or $0.58 per share loss in the same quarter a year ago, hurt by higher expenses.
Revenue, however, increased 53% year-on-year to $86 million.
DCFC, currently at $4.00, has traded in the range of 3.80 - 19.75 in the last 52 weeks.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.