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home / news releases / VEV - Vicinity Motor GAAP EPS of -$0.14 revenue of $2.3M

VEV - Vicinity Motor GAAP EPS of -$0.14 revenue of $2.3M

Vicinity Motor Corp.
Vicinity Motor press release (NASDAQ:VEV): Q4 GAAP EPS of -$0.14. Revenue of $2.3M (-34.3% Y/Y). Adjusted EBITDA loss for the fourth quarter of 2021 totaled $2.2M, as compared to an adjusted EBITDA of $0.2M in the fourth quarter of 2020. Cash and cash equivalents as of December 31, 2021 totaled $4.4M, as compared to $1.0M as of December 31, 2020. Gross margin in the fourth quarter of 2021 totaled -$0.3M, as compared to $1.7M in the fourth quarter of 2020.

For further details see:

Vicinity Motor GAAP EPS of -$0.14, revenue of $2.3M
Stock Information
Company Name: Vicinity Motor Corp.
Stock Symbol: VEV
Market: NASDAQ
Website: vicinitymotorcorp.com/
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