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PTRA News and Press, Proterra Inc From 03/20/23

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Company Name: Proterra Inc
Stock Symbol: PTRA
Market: NASDAQ

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PTRA - Proterra Reaches Binding Letter of Intent with Cowen Convertible Note Holders

BURLINGAME, Calif., March 20, 2023 (GLOBE NEWSWIRE) -- Proterra Inc (Nasdaq: PTRA) (together with its subsidiary, Proterra Operating Company, Inc., “Proterra” or the “Company”), a leading innovator in commercial vehicle electrification technology, today announced that ...

PTRA - Proterra Inc. (PTRA) Q4 2022 Earnings Call Transcript

2023-03-17 16:30:21 ET Proterra Inc. (PTRA) Q4 2022 Earnings Conference Call March 15, 2023 5:00 PM ET Company Participants Aaron Chew - Vice President, Investor Relations Gareth Joyce - Chief Executive Officer Karina Padilla - Chief Financial Officer Confe...

PTRA - Proterra stock rebounds after hitting all-time low following weak results

2023-03-17 08:32:23 ET Proterra ( NASDAQ: PTRA ) shares recovered in premarket trading on Friday after falling over 50% in the previous session. Shares closed at an all-time low on Thursday after the Burlingame, California-based company guided for a l ower than expected 2023...

PTRA - Crypto stocks dominate premarket gainers

2023-03-17 08:22:48 ET Enzo Biochem ( NYSE: ENZ ) +73% . PaxMedica ( PXMD ) +27% . FedEx ( FDX ) +11% . BigBear.ai Holdings ( BBAI ) +11% . Riot Blockchain ( RIOT ) +11% . Corbus Pharmaceuticals Holdings ( CRBP ) +10% ...

PTRA - Proterra: Debt Covenant Violations, Elevated Cash Burn Raise Fears, Sell

2023-03-16 17:54:53 ET Summary Proterra Inc. reports disappointing Q4/2022 results with poor gross margin performance and elevated cash burn. After recording negative free cash flow of $116.7 million in the fourth quarter, Proterra ended the year with $298.1 million in unrestricte...

PTRA - Proterra stock plunges as revenue forecast lags estimates

2023-03-16 13:14:27 ET Proterra ( NASDAQ: PTRA ) share plunged 54% on Thursday after the commercial vehicles provider reported fourth quarter results that missed Wall Street estimates . Total revenue grew 17% Y/Y to $80M in Q4, but net loss widened from $45.1M in the yea...

PTRA - Why Proterra Stock Is Plunging Today

2023-03-16 12:15:51 ET Shares of Proterra (NASDAQ: PTRA) , an electric bus maker and electric vehicle (EV) tech company , were plummeting today after the company reported fourth-quarter results that missed both top- and bottom-line consensus estimates. Additionally, the company ...

PTRA - Baidu, First Republic Bank, Western Alliance Bancorporation among premarket losers' pack

2023-03-16 09:10:41 ET Esperion Therapeutics ESPR -58% in dustup with Daiichi Sankyo over milestone payments . LivePerson LPSN -38% on Q4 earnings release . Virgin Orbit VORB -37% on reports it's pausing operations as it seeks funding . First Republ...

PTRA - Proterra GAAP EPS of -$0.50 misses by $0.22, revenue of $79.99M misses by $6.89M

2023-03-15 16:55:12 ET Proterra press release ( NASDAQ: PTRA ): Q4 GAAP EPS of -$0.50 misses by $0.22 . Revenue of $79.99M (+16.9% Y/Y) misses by $6.89M . For further details see: Proterra GAAP EPS of -$0.50 misses by $0.22, revenue of $79.99M misses by $...

PTRA - Proterra Releases Fourth Quarter and Full Year 2022 Financial Results

BURLINGAME, Calif., March 15, 2023 (GLOBE NEWSWIRE) -- Proterra Inc (NASDAQ: PTRA) today released its fourth quarter and full year 2022 financial results by posting them to its Investor Relations website. Please visit the Proterra Investor Relations website at ir.proterra.com to view the four...

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