Canoo Inc. (GOEV) Misses Q2 EPS by 15c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
Canoo (GOEV) Sinks on 2Q Earnings Miss
August 9, 2022 11:16 AM EDTShares of Canoo Inc. (NASDAQ: GOEV) are down almost 16% in mid-day trading Tuesday after the company reported 2Q results and offered forward-looking commentary during the earnings call.
The electric van company reported a 2Q adjusted EPS loss of $(0.68), compared to a loss per share of $(0.50) in the year-ago period, while analysts were expecting an EPS loss of $(0.53).
GOEV reported an adjusted EBITDA of $(149.8) million, compared to $(76.7) million in the year-ago quarter. As of... More
Canoo (GOEV) to Outsource Van Production for Walmart (WMT) Order
August 9, 2022 11:01 AM EDTTony Aquila, CEO of the electric van company, Canoo Inc. (NASDAQ: GOEV) announced on Monday that the company would be using a third party to build its first electric vans for Walmart (NYSE: WMT). The deal, announced in July, covers orders for at... More
Roth Capital Downgrades Canoo (GOEV) to Neutral
August 9, 2022 10:30 AM EDTRoth Capital analyst Craig Irwin downgraded Canoo (NASDAQ: GOEV) from Buy to Neutral with a price target of $3.50 (from $7.00).
The analyst comments "Canoo posted a wider than expected 2Q22 loss and mgmt pushed out expectations for commercial deliveries. We expect this delayed start... More
