Nikola (NKLA) Reports In-Line Q1 EPS

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Nikola Corporation Reports First Quarter 2023 Results

May 9, 2023 8:00 AM EDT

Reprioritizing and refocusing the company on North America, hydrogen fuel cell electric truck, HYLA hydrogen refueling business, and autonomous technologiesOrders received from 12 customers for 140 Nikola hydrogen fuel cell electric trucksIn May, executed joint development agreement with Voltera to develop up to 50 HYLA hydrogen refueling stationsReported GAAP net loss per share of $0.31 and non-GAAP net loss per share of $0.26 for Q1 2023Realigning cost structure with new business focus, reducing spend and cash... More