Lightning eMotors Inc

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Other Pre-Announcement

Lightning Emotors Reports Financial Results For Second Quarter 2021

Published: 08/16/2021 20:57 GMT
Lightning eMotors Inc (ZEV) - Lightning Emotors Reports Financial Results for Second Quarter 2021.
Q2 Loss per Share $0.79.
Q2 Revenue $5.9 Million Versus Refinitiv Ibes Estimate of $5.4 Million.
Q2 Earnings per Share Estimate $-0.14 -- Refinitiv Ibes Data (analyst estimates).
Sees Q3 Revenue $4.0 Million to $6.0 Million.
Lightning Emotors - Primarily Because of Unexpected Chassis Production Disruptions and Covid Related Delays, Withdrawing Prior Guidance for 2021 Year.
No Longer Expects to Meet Full Year Guidance.
Lightning Emotors - No Orders Have Been Cancelled and Company Expects to Fulfill Those Orders in Future Quarters.
Sees for Quarter Ending Sept 30, Vehicle and Powertrain Sales of 28 Units to 40 Units.