Arcimoto, Inc. (FUV) Misses Q2 EPS by 4c

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Go back to Arcimoto, Inc. (FUV) Misses Q2 EPS by 4c

Arcimoto Reports Second Quarter 2020 Financial Results and Provides Corporate Update

August 19, 2020 4:05 PM EDT

Strengthened balance sheet through a total of $16.5 million in registered direct offerings and the retiring of all convertible and senior secured notes during the first half of 2020.

Planning for the growth of Arcimotos production capability to 50,000 units per year within 24 months.

EUGENE, Ore.--(BUSINESS WIRE)-- Arcimoto, Inc.® (NASDAQ: FUV), makers of the Fun Utility Vehicle® (FUV®), Rapid Responder, and Deliveratoraffordable, practical, and joyful pure electric vehicles for everyday commuters and fleetstoday announced financial results for the Companys second quarter ended June 30, 2020, highlighting recent... More