Workhorse: Q2 Earnings Snapshot

August 9, 2022 GMT

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WKHS at https://www.zacks.com/ap/WKHS