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home / news releases / ZEV - Lightning eMotors GAAP EPS of -$0.11 beats by $0.16 revenue of $4.33M misses by $5.88M


ZEV - Lightning eMotors GAAP EPS of -$0.11 beats by $0.16 revenue of $4.33M misses by $5.88M

2023-03-13 07:53:52 ET

  • Lightning eMotors press release ( NYSE: ZEV ): Q4 GAAP EPS of -$0.11 beats by $0.16 .
  • Revenue of $4.33M (+2.6% Y/Y) misses by $5.88M .
  • Fourth quarter adjusted EBITDA loss was $19.9 million, compared to a loss of $15.9 million during the same period in the prior year.
  • Guidance: Based on current demand and supply conditions, the Company expects:
    • 2023 revenue to be in the range of $35 million to $50 million
    • 2023 vehicle and powertrain sales to be in the range of 300 to 400 units
    • 2023 vehicle and powertrain production to be in the range of 400 to 450 units

For further details see:

Lightning eMotors GAAP EPS of -$0.11 beats by $0.16, revenue of $4.33M misses by $5.88M
Stock Information

Company Name: Lightning eMotors Inc Com
Stock Symbol: ZEV
Market: NYSE

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