Nikola (NASDAQ: NKLA) reported Q4 EPS of ($0.37), $0.06 better than the analyst estimate of ($0.43). Revenue for the quarter came in at $6.56 million versus the consensus estimate of $30.66 million.

Business Outlook

We plan to achieve the following milestones in 2023:

• Complete the build of 10 gamma FCEVs by Q2 2023
• Realize approximately $105,000 in cost savings in battery modules and packs for each Tre BEV truck by Q4 2023
• Achieve Final Investment Decision for the Phoenix Hydrogen Hub by Q3 2023
• Announce at least two refueling station partners by June
• Deliver 250 – 350 Tre BEVs to dealers for the Full Year 2023
• Deliver 125 – 150 Tre FCEVs in Q4 2023

For earnings history and earnings-related data on Nikola (NKLA) click here.