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Jun 30, 2022
Nikola Q2 2022 Earnings Report
Reported revenues of $18.1 million and adjusted net loss per share of $0.25.
Key Takeaways
Nikola Corporation reported Q2 2022 results, including revenues of $18.1 million and an adjusted net loss per share of $0.25. The company produced 50 Nikola Tre BEVs in Coolidge, Arizona, and delivered 48 to dealers. Total liquidity at the end of Q2 was $841.8 million.
Produced 50 Nikola Tre BEVs in Coolidge, Arizona, and delivered 48 to dealers
Reported revenues of $18.1 million on deliveries of 48 Tre BEVs and four Mobile Charging Trailers
Increased total liquidity to $841.8 million
Announced station progress in California in the cities of Ontario, Colton, and a location servicing the Port of Long Beach
Forward Guidance
Nikola remains on track to achieve the following milestones in 2022.
Positive Outlook
- 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
Historical Earnings Impact
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Avg. Return Before/After Earnings
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