Workhorse Stock Falls On Weak Q3, DoJ Probe
Workhorse Stock Falls On Weak Q3, DoJ Probe
主力股下跌，第三季度疲軟，美國司法部調查
- 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.
- 工作馬集團(WorkHorse Group Inc.)納斯達克(Kleiner Perkins Caufield&Byers)公佈2011年第三季度銷售額為57萬美元，低於分析師一致預期的118萬美元。銷售額的下降主要與該公司召回C-1000汽車相關的110萬美元退款責任有關。
- 銷售成本從去年的280萬美元增加到1150萬美元。總運營費用同比增長76.9%，達到1340萬美元。
- 該公司當季營業虧損擴大至2,550萬美元。
- 截至2021年9月30日，該公司持有2.304億美元現金和等價物。
- 淨虧損從去年的8413萬美元收窄至8110萬美元。
- EPS為0.77美元，低於分析師一致預期的0.35美元。
- 相關內容：為什麼主力要暫停旗艦電動送貨卡車的生產
- 在最近的一份監管申報文件中，該公司披露，2021年11月5日，司法部口頭通知稱，它正在對該公司進行相關的公開調查。
- 該公司指出，尚未收到美國司法部關於此次調查的任何傳票或其他文件要求，並正在配合美國證券交易委員會和司法部的調查。
- 價格行動：在週二的最後一次檢查中，WKHS的股價下跌了3.77%，至6.63美元。