Workhorse: Q2 Earnings Snapshot
SHARONVILLE, Ohio (AP) _ Workhorse Group Inc. (WKHS) on Tuesday reported a loss of $21.2 million in its second quarter.
On a per-share basis, the Sharonville, Ohio-based company said it had a loss of 13 cents.
The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for a loss of 13 cents per share.
The truck and drone manufacturer posted revenue of $12,600 in the period. Its adjusted revenue was $13,000.
Workhorse expects full-year revenue in the range of $15 million to $25 million.