News Formal

Lion Electric reports US$21.7-million first-quarter loss as company faces higher manufacturing costs

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 6 sec. here
  • 49 min. at publisher
  • 📊 Quality Score:
  • News: 170%
  • Publisher: 92%

Canadian News Noticias

Canada News,Breaking News Video,Canadian Breaking News

The maker of all-electric medium and heavy-duty vehicles, which keeps its books in U.S. dollars, says the loss amounted to 10 cents per diluted share for the quarter ended March 31

says it lost US$21.7-million in its latest quarter compared with a loss of US$15.6-million in the same quarter last year as it faced higher manufacturing costs related to the ramp up of new products.

Revenue for the quarter totalled US$55.5-million, up from US$54.7-million in the first quarter of 2023.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 5. in ES

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Outside London, UK Finance Startups Battle for Scarce FundingCapital still takes lion’s share of venture funding, even after years of ‘levelling up’ policies.
Fuente: BNNBloomberg - 🏆 83. / 50 Leer más »