Nikola Corporation

NASDAQ:NKLA   3:59:58 PM EDT
6.70
-0.29 (-4.15%)
4:21:06 PM EDT: $6.72 +0.02 (+0.30%)
Earnings Announcements

Nikola Reports QTRLY Loss Per Share $0.41 and QTRLY Adjusted Loss Per Share $0.25

Published: 08/04/2022 13:17 GMT
Nikola Corporation (NKLA) - Nikola - Qtrly Loss per Share $0.41; Qtrly Adjusted Loss per Share $0.25.
Nikola Corporation - Produced 50 Nikola Tre Bevs in Coolidge, Arizona, and Delivered 48 to Dealers in Quarter.
Nikola - Cash & Restricted Cash of $529.2 Million & $312.5 Million Remaining Eloc Commitment Totaling $841.8 Million in Total Liquidity at End of Q2.
Nikola Corporation - Qtrly Revenues of $18.1 Million.
Nikola - Ramping Up Production Capacity in Coolidge, Arizona, Expect to Increase Throughput to Five Units per Shift by November of This Year.
Nikola - Production for Eu Trebev is Expected to Commence in the Second Half of 2023.
Nikola - Expect to Begin Fcev Pilot Testing With Walmart in Southern California on August 22.
Nikola - Phase 2 Expansion at Coolidge, Arizona Manufacturing Facility is Underway and on Track to Be Completed by Q1 2023.
Nikola - Together With Iveco Also Started Building Eu Tre Fcev Betas, Which Are Expected to Begin Production in the First Half of 2024.
Nikola - Remain on Track to Deliver 300 to 500 Production Tre Bev Trucks in 2022.
Further Company Coverage: Nklao ((reuters.
Briefs@thomsonreuters.
Com;)).
Revenue is expected to be $22.7 Million
Adjusted EPS is expected to be -$0.36

Next Quarter Revenue Guidance is expected to be $66.06 Million
Next Quarter EPS Guidance is expected to be -$0.40

More details on our Analysts Page.