Canoo Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 0.519 million. Net loss was USD 111.97 million compared to USD 117.71 million a year ago. Basic loss per share from continuing operations was USD 4.14 compared to USD 9.89 a year ago. Diluted loss per share from continuing operations was USD 4.14 compared to USD 9.89 a year ago.
For the nine months, sales was USD 0.519 million. Net loss was USD 273.58 million compared to USD 407.46 million a year ago. Basic loss per share from continuing operations was USD 12.19 compared to USD 37.26 a year ago. Diluted loss per share from continuing operations was USD 12.19 compared to USD 37.26 a year ago.