2023-05-17 08:02:45 ET
- Lightning eMotors press release ( NYSE: ZEV ): Q1 GAAP EPS of -$4.89.
- Revenue of $1.31M (-75.8% Y/Y).
- Adjusted revenue of $3.6 million from sales of 29 units; produced 53 units during the quarter
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Based on current demand and supply conditions, the Company reiterates its prior 2023 guidance:
- 2023 revenue to be in the range of $35 million to $50 million
- 2023 unit sales to be in the range of 300 to 400 units
- 2023 unit production to be in the range of 400 to 450 units
For further details see:
Lightning eMotors GAAP EPS of -$4.89, revenue of $1.31M