CA - NFI Non-GAAP EPS of -$0.46 revenue of $660M beats by $14.09M; updates FY23 guidance
2023-08-16 07:19:17 ET
- NFI press release ( OTCPK:NFYEF ): Q2 Non-GAAP EPS of -$0.46.
- Revenue of $660M (+65.8% Y/Y) beats by $14.09M .
- 931 equivalent units delivered, with 25% being battery- and fuel cell-electric buses.
- 2023 Q2 Adjusted EBITDA of $12 million.
- Ending total backlog position of 9,803 EUs (valued at a record $6.7 billion); ZEB backlog now 3,491 EUs, or 36%, of total backlog.
- Updated financial guidance for Fiscal 2023 for revenue of $2.6 to $2.8 billion vs. $2.72 billion and Adjusted EBITDA of $40 to $60 million, other elements remain unchanged.
- NFI also reaffirms its Fiscal 2024, and its 2025 targets, as presented on March 1, 2023 .
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NFI Non-GAAP EPS of -$0.46, revenue of $660M beats by $14.09M; updates FY23 guidance