Workhorse Stock Falls On Weak Q3, DoJ Probe
Workhorse Stock Falls On Weak Q3, DoJ Probe
主力股下跌，第三季度疲软，美国司法部调查
- Workhorse Group Inc (NASDAQ:WKHS) reported third-quarter FY21 sales of $(0.57) million, missing the analyst consensus of $1.18 million. The decrease in sales was primarily related to a $1.1 million refund liability associated with the recall of the company's C-1000 vehicles.
- The cost of sales increased to $11.5 million from $2.8 million last year. Total operating expenses jumped 76.9% Y/Y to $13.4 million.
- The company's operating loss widened to $(25.5) million in the quarter.
- The company held $230.4 million in cash and equivalents as of September 30, 2021.
- Net loss narrowed to $(81.1) million from $(84.13) million last year.
- EPS of $(0.77) missed the analyst consensus of $(0.35).
- Related Content: Why Workhorse Is Suspending Production Of Flagship Electric Delivery Truck
- In a recent regulatory filing, the company disclosed that on November 5, 2021, the Department of Justice orally informed that it has a related open investigation covering the company.
- The company noted it had not received any subpoena or other request for documents from the DOJ concerning this investigation and is cooperating with the SEC and DOJ investigations.
- Price Action: WKHS shares are trading lower by 3.77% at $6.63 on the last check Tuesday.
- 工作马集团(WorkHorse Group Inc.)纳斯达克(Kleiner Perkins Caufield&Byers)公布2011年第三季度销售额为57万美元，低于分析师一致预期的118万美元。销售额的下降主要与该公司召回C-1000汽车相关的110万美元退款责任有关。
- 销售成本从去年的280万美元增加到1150万美元。总运营费用同比增长76.9%，达到1340万美元。
- 该公司当季营业亏损扩大至2,550万美元。
- 截至2021年9月30日，该公司持有2.304亿美元现金和等价物。
- 净亏损从去年的8413万美元收窄至8110万美元。
- EPS为0.77美元，低于分析师一致预期的0.35美元。
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- 在最近的一份监管申报文件中，该公司披露，2021年11月5日，司法部口头通知称，它正在对该公司进行相关的公开调查。
- 该公司指出，尚未收到美国司法部关于此次调查的任何传票或其他文件要求，并正在配合美国证券交易委员会和司法部的调查。
- 价格行动：在周二的最后一次检查中，WKHS的股价下跌了3.77%，至6.63美元。