Nikola (NKLA) Tops Q3 EPS by 8c, Beats on Revenue

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Nikola (NKLA) Reports Top Line Beat; Lohscheller Named CEO

November 3, 2022 11:42 AM EDT

Shares of Nikola (NASDAQL: NKLA) are down more than 8% in mid-day trading on Thursday after the American commercial electric vehicle maker reported positive 3Q top line results. NKLA reported 3Q EPS of ($0.28), $0.08 ahead of the consensus estimate of ($0.36). The company also raised $100.5 million in gross proceeds through its at-the-market... More