Nikola Non-GAAP EPS of -$2.67 beats by $0.06, revenue of $31.32M beats by $5.13M
by Contributor since / Followers
3 months ago
Nikola press release (NASDAQ:NKLA): Q2 Non-GAAP EPS of -$2.67 beats by $0.06.
Revenue of $31.32M (+103.9% Y/Y) beats by $5.13M.
Wholesaled 72 hydrogen fuel cell electric vehicles in Q2, exceeding the high-end of guidance, up 80% from Q1.
BEV “2.0” recall program on track for completion by year-end 2024.
“To date, our FCEV end fleets have traveled more than 550K miles with an average fuel economy of 7.2 mi/kg, validating our performance benchmark. In total, we estimate our FCEV end fleet operations have avoided approximately 867 metric tons of CO2 tailpipe emissions.”