Nikola Corporation

-4.25 (-12.32%)
: $29.71 -0.54 (-1.79%)
Other Pre-Announcement

Nikola Corp Reports Qtrly Net Loss Per Share Of $0.31

Published: 11/09/2020 22:37 GMT
Nikola Corp. (NKLA) - Reports Third Quarter 2020 Results.
Qtrly Net Loss per Share $0.31.
Qtrly Non-GAAP Net Loss per Share $0.16.
Q3 Earnings per Share View $-0.20 -- Refinitiv Ibes Data (analyst estimates).
Current Timelines Assume There Are No Significant Covid-related Disruptions to Production.
Believes Its Long-term Objectives Will Not Be Materially Affected by Covid-19.
Is Continuing Its Discussions With General Motors.
Anticipates Four Nikola Tre Prototypes Vehicles Will Be Finished by End of 2020.
Second Batch of Nikola Tre Prototypes Assembly is Expected to Begin in Q1 of 2021.
Nikola - During Q4, Expects to Make Continued Progress Against Milestones for Development of Tre Bev & Construction of Coolidge, Arizona, Facility.