Lordstown Motors Reports Second Quarter 2021 Financial Results
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Lordstown Motors (RIDE) Misses Q2 EPS by 15c
August 11, 2021 4:02 PM EDTLordstown Motors (NASDAQ: RIDE) reported Q2 EPS of ($0.61), $0.15 worse than the analyst estimate of ($0.46). The company reported no sales.
In the second quarter, we continued to make great strides towards our objective of delivering a revolutionary electric pickup truck, stated Lordstown Motors Executive Chairwoman Angela Strand. This included completing retooling of several critical areas of our Lordstown facility and concluding our beta build program. Beta builds have successfully completed numerous independent third-party crash tests and are achieving the standard requirements to meet FVMSS and plan for a five-star crash rating. A particular... More
