2023-08-14 16:06:51 ET
- Lightning eMotors press release ( NYSE: ZEV ): Q2 GAAP EPS of -$3.70 misses by $0.35 .
- Revenue of $7.92M (+123.7% Y/Y) misses by $0.69M .
- Adjusted revenue of $8.2 million from sales of 70 units, excluding $0.3 million of recall-related costs
- Produced 46 units during the quarter, consisting of vehicles, powertrains, and mobile DC fast chargers
- Nearly 5 million driven miles, compared to 2.2 million a year ago
- Full year revenue guidance of $35-45 million.
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Lightning eMotors GAAP EPS of -$3.70 misses by $0.35, revenue of $7.92M misses by $0.69M