Shares of SES AI Corp (NYSE: SES) surged 12.56% in pre-market trading on Thursday following the release of the company's impressive third-quarter 2025 financial results and raised full-year guidance. The battery technology firm significantly outperformed market expectations, driving investor enthusiasm.
SES AI reported quarterly earnings of $0.06 per share, dramatically beating the analyst consensus estimate of a $0.04 loss. This represents a 233.33% beat and a substantial improvement from the $0.09 loss per share reported in the same period last year. Revenue for the quarter came in at $7.118 million, surpassing analyst estimates of $4.833 million by 47.27%.
Adding to the positive sentiment, SES AI Corp updated its 2025 revenue guidance to a range of $20 million to $25 million, signaling strong confidence in its future performance. The company's CEO, Qichao Hu, highlighted the success of their "all-in on AI strategy" and noted significant progress in integrating recent acquisitions. The strong results were underpinned by growth in the Networks business, which now accounts for about 60% of revenues, with particular strength in the Government and Aviation segments.