Workhorse Group Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 06:51 am EST
Workhorse Group 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 3.03 million compared to USD 1.55 million a year ago. Net loss was USD 30.65 million compared to USD 35.41 million a year ago. Basic loss per share from continuing operations was USD 0.14 compared to USD 0.22 a year ago.
For the nine months, sales was USD 8.69 million compared to USD 1.58 million a year ago. Net loss was USD 78.66 million compared to USD 78.62 million a year ago. Basic loss per share from continuing operations was USD 0.41 compared to USD 0.5 a year ago.