Nikola (NKLA) Tops Q2 EPS by 1c, Offers Outlook

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Nikola Corporation Reports Second Quarter 2022 Results

August 4, 2022 9:05 AM EDT

Produced 50 Nikola Tre BEVs in Coolidge, Arizona, and delivered 48 to dealersReported revenues of $18.1 million and adjusted net loss per share of $0.25Cash & Restricted Cash of $529.2 million and $312.5 million remaining ELOC commitment totaling $841.8 million in total liquidity at the end of Q2, up from $794.0 million in Q1Announced station progress in California in the cities of Ontario, Colton, and a location servicing the Port of Long BeachStockholders approved proposal 2 increasing authorized shares from 600 million to 800 million

PHOENIX, Aug. 4, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation... More