Lordstown Motors Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net loss was USD 16.51 million compared to USD 154.43 million a year ago.
For the nine months, sales was USD 2.34 million. Net loss was USD 342.72 million compared to USD 180.4 million a year ago. Basic loss per share from continuing operations was USD 21.38 compared to USD 13.32 a year ago. Diluted loss per share from continuing operations was USD 21.5 compared to USD 13.32 a year ago.