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home / news releases / NKLA - Nikola Q3 results beat estimates co says produced 75 Tre BEV trucks in quarter

NKLA - Nikola Q3 results beat estimates co says produced 75 Tre BEV trucks in quarter

Nikola Corporation

  • Nikola ( NASDAQ: NKLA ): Q3 Non-GAAP EPS of -$0.28 beats by $0.10 .
  • Revenue of $24.2M beats by $2.19M .
  • During Q3, produced 75 Nikola Tre BEVs, delivering 63 of those to dealers.
  • In Q3, NKLA completed six Tre FCEV beta trucks.
  • The company expects to complete 17 Tre FCEV beta trucks for the full year by the end of Q4.
  • NKLA plans to begin production of EU version Tre BEVs in H2 2023, and EU version Tre FCEVs in H2 2024.
  • The company is on track to complete the phase 2 assembly expansion at Coolidge, Ariz. manufacturing facility by the end of Q1 2023, at which time production capacity will be up to 20K units/year.
  • Press release
  • Shares +3% in premarket trading.

For further details see:

Nikola Q3 results beat estimates, co says produced 75 Tre BEV trucks in quarter
Stock Information
Company Name: Nikola Corporation
Stock Symbol: NKLA
Market: NASDAQ
Website: nikolamotor.com
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