Workhorse Group Reports Third Quarter 2024 Results
Workhorse Group, Inc. (WKHS)
NASDAQ:AMEX Investor Relations:
workhorse.com/investors
Company Research
Source: GlobeNewswire
CINCINNATI, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today reported financial results for the third quarter ended September 30, 2024. Management Commentary “We continue to make steady progress on several fronts here at Workhorse,” said Company CEO Rick Dauch. “Securing a three-year Master Framework Agreement with FedEx is an extremely important and commercially validating milestone for us as an emerging commercial EV company. We have already built and shipped the first 15 trucks under this agreement and believe we will earn a larger order from FedEx in 2025. We also recently announced several new purchase orders with independent FedEx Ground contractors and are working diligently to convert the positive conversations and vehicle demos we are having with both contractors and other fleets into firm purchase orders.
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News
- Workhorse Q3 Earnings Miss Estimates, Revenues Decline Y/Y [Yahoo! Finance]Yahoo! Finance
- Workhorse Group Inc. (NASDAQ: WKHS) had its price target raised by analysts at TD Cowen from $0.25 to $1.25. They now have a "hold" rating on the stock.MarketBeat
- Workhorse Group Inc (WKHS) Q3 2024 Earnings Call Highlights: Strategic Partnerships and Cost ... [Yahoo! Finance]Yahoo! Finance
- Workhorse Group GAAP EPS of -$0.98 misses by $0.15, revenue of $2.51M misses by $2.17M [Seeking Alpha]Seeking Alpha
- Workhorse Group (WKHS) Reports Q3 Loss, Misses Revenue Estimates [Yahoo! Finance]Yahoo! Finance
WKHS
Earnings
- 11/19/24 - Miss
WKHS
Sec Filings
- 11/19/24 - Form 10-Q
- 11/19/24 - Form 8-K
- 11/19/24 - Form 8-K
- WKHS's page on the SEC website