Polestar Reports Results for the Second Quarter, Expects Continued Strong Momentum for the Rest of the Year

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Go back to Polestar Reports Results for the Second Quarter, Expects Continued Strong Momentum for the Rest of the Year

Polestar Automotive (PSNY) Misses 2Q EPS by 1c; Expects strong performance in 2H

August 31, 2023 8:14 AM EDT

Polestar Automotive (NASDAQ: PSNY) reported 2Q EPS of ($0.14), $0.01 worse than the analyst estimate of ($0.13). Revenue for the quarter came in at $685.2 million versus the consensus estimate of $686.4 million.

Polestar announced the delivery of 15,765 vehicles in the 2Q and confirmed its previous projection of shipping 60,000 to 70,000 cars in the year... More