Workhorse Group Reports Second Quarter 2022 Results

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Roth Capital Downgrades Workhorse Group (WKHS) to Neutral on Weak Traction

August 9, 2022 12:05 PM EDT

Roth Capital analyst Craig Irwin downgraded Workhorse Group (NASDAQ: WKHS) from Buy to Neutral with a price target of $3.50 (from $7.00).

The analyst comments "Workhorse posted weak 2Q22 results and mgmt cut guidance with a laundry list of reasons for the weaker... More

Workhorse Group (WKHS) Q2 revenue misses consensus

August 9, 2022 9:04 AM EDT

Workhorse Group (NASDAQ: WKHS) announced loss from operations for the second quarter was $22.1 million compared to $22.7 million in the same period last year.

Revenue for the quarter came in at $12.6 thousand versus the consensus estimate of $14.29 thousand.

2022... More