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NKLA - Nikola Q1 earnings beat on both top and bottom line
Nikola Corporation
Nikola (NKLA): Q1 Non-GAAP EPS of -$0.21 beats by $0.04. Revenue of $1.89M beats by $1.76M. Q1 adj. EBITDA loss of $79.15M vs. loss of $53.43M last year. NKLA says will deliver 300 to 500 production Tre BEV trucks in 2022. NKLA says got purchase orders for 134 Tre BEVs utilizing California’s HVIP incentive through April. NKLA says shipped 11 saleable production trucks to dealers in April for customer delivery. Press release Shares -1.4%.