Lordstown Motors Reports Second Quarter 2022 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/30/2026
- Wall Street ends lower after Fed Chair Warsh reaffirms inflation fight
- Fed chair Warsh kicks off Jackson Hole keynote address
- PayPal tumbles as Advent, Stripe said to drop $50 bln pursuit
- Oil settles lower on clues about Fed policy, rumors of Hormuz deal
- Dollar jumps after Warsh comments, set for weekly gain
- McKesson reports cybersecurity incident affecting its information systems
- Mizuho is bullish on Broadcom ahead of Sept. 2 earnings, citing 30-quarter streak
- Wall Street ends lower after Fed Chair Warsh reaffirms inflation fight
- BioNTech ends colorectal cancer mRNA therapy trial early
- Needham sees mature node semiconductor strength in latest tracker
Lordstown Soars on Surprise Q2 Beat on One-Time Gain and Better Outlook
August 4, 2022 10:14 AM EDTShares of Lordstown Motors (NASDAQ: RIDE) are up over 20% in early trading Thursday after the company reported 2Q results and offered forward-looking commentary during the earnings call.
The electric vehicle company reported Q2 EPS of $0.32, compared to a loss per share of $(0.61) in the same period last year, while analysts were expecting EPS of $(0.44). RIDE reported an ending cash balance of $236 million. This was above... More
Lordstown Motors (RIDE) Tops Q2 EPS
August 4, 2022 7:43 AM EDTLordstown Motors (NASDAQ: RIDE) reported Q2 EPS of $0.32, $0.76 better than the analyst estimate of ($0.44).
Ending cash balance of $236 million is above internal expectations and extends our runway, due in part to disciplined expense controls and rigorous program... More
