Shares of Nikola Corp. climbed 1.7% in premarket trading Thursday, after the electric vehicle maker reported a narrower-than-expected loss but revenue that...
Shares of Nikola Corp.
climbed 1.7% in premarket trading Thursday, after the electric vehicle maker reported a narrower-than-expected loss but revenue that fell well short of forecasts. Net losses widened to $222.1 million, or 46 cents a share, from $90.9 million, or 39 cents a share, in the year-ago period. Excluding nonrecurring items, adjusted per-share losses widened to 37 cents from 23 cents, beating the FactSet loss consensus of 43 cents. The company recorded revenue of $6.
climbed 1.7% in premarket trading Thursday, after the electric vehicle maker reported a narrower-than-expected loss but revenue that fell well short of forecasts. Net losses widened to $222.1 million, or 46 cents a share, from $90.9 million, or 39 cents a share, in the year-ago period. Excluding nonrecurring items, adjusted per-share losses widened to 37 cents from 23 cents, beating the FactSet loss consensus of 43 cents. The company recorded revenue of $6.
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