Workhorse Group Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 1.55 million compared to negative sales of USD 0.576602 million a year ago. Net loss was USD 35.41 million compared to USD 81.12 million a year ago. Basic loss per share from continuing operations was USD 0.22 compared to USD 0.66 a year ago. Diluted loss per share from continuing operations was USD 0.22.
For the nine months, sales was USD 1.58 million compared to USD 1.15 million a year ago. Net loss was USD 78.62 million compared to USD 245.24 million a year ago. Basic loss per share from continuing operations was USD 0.5 compared to USD 1.99 a year ago. Diluted loss per share from continuing operations was USD 0.5.