Nikola (NKLA) Tops Q1 EPS by 4c

Nikola (NASDAQ: NKLA) reported Q1 EPS of ($0.21), $0.04 better than the analyst estimate of ($0.25). Revenue for the quarter came in at $1.89 million versus the consensus estimate of $180 thousand.

Business Outlook:

Nikola looks forward to achieving the following milestones in 2022:

• Deliver 300 to 500 production Tre BEV trucks
• Successful FCEV alpha pilot testing with Anheuser-Busch and TTSI
• Build, validate and test Tre FCEV beta trucks
• Announce location, break ground, and commence construction of the first hydrogen production hub in Arizona
• Announce two or more dispensing station partners in California

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

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