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home / news releases / VEV - Vicinity Motor GAAP EPS of -$0.09 revenue of $2M misses by $2.33M

VEV - Vicinity Motor GAAP EPS of -$0.09 revenue of $2M misses by $2.33M

Vicinity Motor Corp.

2023-03-31 00:44:11 ET

  • Vicinity Motor press release ( NASDAQ: VEV ): Q4 GAAP EPS of -$0.09.
  • Revenue of $2M (-13.0% Y/Y) misses by $2.33M .
  • Adjusted EBITDA loss in the fourth quarter of 2022 totaled $1.4 million, as compared to a loss of $2.2 million in the fourth quarter of 2021.
  • Cash and cash equivalents as of December 31, 2022 totaled $1.6 million, as compared to $4.4 million as of December 31, 2021.

For further details see:

Vicinity Motor GAAP EPS of -$0.09, revenue of $2M misses by $2.33M
Stock Information
Company Name: Vicinity Motor Corp.
Stock Symbol: VEV
Market: NASDAQ
Website: vicinitymotorcorp.com/
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