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Nikola NKLA Q2 2022 earnings

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Nikola Motor Company

Source: Nikola Motor Company

Nikola on Thursday reported revenue for the second quarter that beat Wall Street expectations as it delivered 48 of its electric heavy trucks. The company also reported a smaller-than-expected loss for the period.

Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:

  • Revenue: $18.1 million, vs. $16.5 million expected.
  • Adjusted loss per share: 25 cents, versus vs. 27 cent per-share loss expected.

Nikola built 50 trucks during the second quarter, 48 of which were delivered to its dealers before quarter-end. All 50 of those trucks were battery-electric versions of its Tre semi….



Source cnbc.com

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