Lordstown Motors Corp. - Ordinary Shares - Class A

NASDAQ:RIDE   1:30:42 PM EDT
1.88
+0.06 (+3.02%)
Debt Financing / Related, Earnings Announcements

Lordstown Motors Corp QTRLY Loss Per Share $0.46

Published: 05/09/2022 13:45 GMT
Lordstown Motors Corp. - Ordinary Shares - Class A (RIDE) - Qtrly Loss per Share $0.46.
Qtrly Net Sales Nil.
Cash and Cash Equivalents of About $203.6 Million and an Accumulated Deficit of $634.4 Million at March 31, 2022.
Absent Any Material Delays, We Expect to Have Sufficient Funds to Close the Foxconn Transactions.
Lordstown Motors - If Foxconn Deals Are Consummated, Co to Need Additional Funding to Execute 2022 Business Plan, Achieve Scaled Endurance Production.
Lordstown Motors- Will Be Required to Raise Additional Capital to Execute Business Plan & Achieve Production Targets for Endurance in 2022 & Beyond.
Q1 Earnings per Share View $-0.46 -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $0 Million
Adjusted EPS is expected to be -$0.45

Next Quarter Revenue Guidance is expected to be $3.74 Million
Next Quarter EPS Guidance is expected to be -$0.46

More details on our Analysts Page.