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  • Today

      Show headlines and story abstract
    • 5 hours ago by Dow Jones
      Companies Mentioned: GOEV

      By Ben Glickman

      Canoo posted no sales in the first quarter, falling short of Wall Street's expectations for a sequential ramp-up in revenue.

      The Justin, Texas-based electric-vehicle maker reported a loss of $110.7 million, or $2.20 a share, in the quarter ended March 31, compared with a loss of $90.7 million, or $4.99 a share, a year earlier.
    • 5 hours ago by Dow Jones
      Companies Mentioned: GOEV

      Canoo Inc. Announces First Quarter 2024 Results
      -- Quarterly Adjusted EBITDA was $(48.3) million, an improvement of 28.0% (or $18.8 million) versus Q1 2023 and an improvement of 11.5% (or $6.3 million) versus Q4 2023 -- Adjusted Net Loss Per Share was $(1.13) per share, a 34.6% Improvement from $(1.73) per share in Q4 2023 -- Increased Purchases of Long Lead Time New and Like New Equipment at Large Discounts by Six Times in Q1 2024 versus Q4 2023; Reduces Future Capital Expenditures by Approximately $50 million in 2024 -- Active Discussions on Additional Purchases of Deeply Discounted Equipment -- Deliveries to US Postal Service of Right-Hand Drive LDV 190s; On the Road Delivering Mail -- Enters $30 Billion TAM Saudi Arabia Market with Commercial Vehicle Sales -- Debut of LDV's in the UK Market Introducing Products to Customers Representing Over One Million Units -- Received Great British Fleet Award(TM)
    • 5 hours ago by Dow Jones
      Companies Mentioned: GOEV

      Canoo Inc. Announces First Quarter 2024 Results
      -- Quarterly Adjusted EBITDA was $(48.3) million, an improvement of 28.0% (or $18.8 million) versus Q1 2023 and an improvement of 11.5% (or $6.3 million) versus Q4 2023 -- Adjusted Net Loss Per Share was $(1.13) per share, a 34.6% Improvement from $(1.73) per share in Q4 2023 -- Increased Purchases of Long Lead Time New and Like New Equipment at Large Discounts by Six Times in Q1 2024 versus Q4 2023; Reduces Future Capital Expenditures by Approximately $50 million in 2024 -- Active Discussions on Additional Purchases of Deeply Discounted Equipment -- Deliveries to US Postal Service of Right-Hand Drive LDV 190s; On the Road Delivering Mail -- Enters $30 Billion TAM Saudi Arabia Market with Commercial Vehicle Sales -- Debut of LDV's in the UK Market Introducing Products to Customers Representing Over One Million Units -- Received Great British Fleet Award(TM)
  • May 3, 2024

      Show headlines and story abstract
    • 7:30PM ET on Friday May 03, 2024 by Dow Jones
      Companies Mentioned: GOEV

      Justin, TX, May 03, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. https://www.globenewswire.com/Tracker?data=EPKhwU_wCX2mpY4Kp-rm-KpE9kEwuM5KbbaktUVFL6-ZD7yz1bJ0Ii5m_SzZ_EZtaohenUYjCfCln8PnODM1qQ== (Nasdaq: GOEV https://www.globenewswire.com/Tracker?data=L8iFxo4LA8VLKz6iWlJE8v8K4HlHHNyrbdXO4wtsofJuK8IUJaKZhSXkZ48NcH4KUA5DPF_EbygUvdUC0iWv5poZnYX0-5cudqB8BReEJ7I= ), a high-tech advanced mobility company, today announced that it will report its financial results for the quarter ended March 31, 2024 after market close on Tuesday, May 14, 2024. The Company will host a conference call and live webcast at 5:00 pm ET to discuss the results, followed by a question-and-answer period.
    • 7:30PM ET on Friday May 03, 2024 by Dow Jones
      Companies Mentioned: GOEV

      Canoo to Announce First Quarter 2024 Financial Results

      Justin, TX, May 03, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that it will report its financial results for the quarter ended March 31, 2024 after market close on Tuesday, May 14, 2024. The Company will host a conference call and live webcast at 5:00 pm ET to discuss the results, followed by a question-and-answer period.

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