Canoo Inc. (GOEV) Tops Q3 EPS by 5c, Offers H2 Guidance

Canoo Inc. (NASDAQ: GOEV) reported Q3 EPS of ($0.07), $0.05 better than the analyst estimate of ($0.12). Revenue for the quarter came in at $519 thousand versus the consensus estimate of $601.75 thousand.

For H2 2023 the company guides:

Adjusted EBITDA: $(85) million to $(105) million
Capital Expenditures of: $30 million to $40 million

For earnings history and earnings-related data on Canoo Inc. (GOEV) click here.

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