JUSTIN, Texas, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq:GOEV) (the “Company”), a high-tech advanced mobility company , today announced that it has adjourned its Annual Meeting of Stockholders (the “Annual Meeting”) in order to provide stockholders additional time within which to vote on all proposals. At this time, there are not present, by remote communication or by proxy, a sufficient number of shares of the Company’s common stock to constitute a quorum. The Company’s Board of Directors contin ...

JUSTIN, Texas and LONDON, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced a new service, maintenance, and repair (SMR) agreement with Northside Truck & Van Ltd. (“Northside”), a premier automotive service provider in the United Kingdom. With a current aftersales portfolio of over 280 garages in the country, Northside will provide support and maintenance of Canoo’s light commercial vehicles (LCVs) for commercial fleet and government customer ...

Table of Contents Title of each class Trading symbol(s) Name of each exchange on which registered Common stock, $0.0001 par value per share GOEV The Nasdaq Capital Market Warrants to purchase shares of Common Stock GOEVW The Nasdaq Capital Market UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________________________________ FORM 10-Q __________________________________________________ x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE AC ...

Canoo Inc. (NASDAQ:GOEV) Q3 2024 Results Conference Call November 13, 2024 5:00 PM ET Company Participants Kunal Bhalla - Chief Financial Officer Tony Aquila - Executive Chairman & Chief Executive Officer Ramesh Murthy - SVP, Finance & Chief Accounting Officer & Chief Administrative Officer Conference Call Participants Amit Dayal - H.C. Wainwright Jawad Bhuiyan - Stifel Poe Fratt - Alliance Global Partners Operator Greetings. Welcome to the Canoo Q3 2024 Earnings Presentation. At this time all participants ...

Canoo Inc. (GOEV) came out with a quarterly loss of $0.54 per share versus the Zacks Consensus Estimate of a loss of $0.90. This compares to loss of $1.61 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 40%. A quarter ago, it was expected that this company would post a loss of $0.77 per share when it actually produced a loss of $0.61, delivering a surprise of 20.78%.Over the last four quarters, the company has surpassed consen ...

CANOO INC. ANNOUNCES THIRD QUARTER 2024 RESULTS About Canoo Founded in 2017, Canoo Inc. (NASDAQ: GOEV) is an automotive tech company that manufactures electric cargo vehicles, built to deliver, for large commercial, government and fleet customers globally. The company has developed design-forward innovative electric vehicles with steer-by-wire technology on its common modular platform with end-to-end software plus power solutions. Canoo's platform is purpose-built to maximize the vehicle interior space and ...

Quarterly revenue of $0.9 million, and year-to-date revenue of $1.50 millionQuarterly Adjusted EBITDA was $(37.7) million, an improvement of 2% versus Q3 2023Adjusted Net Loss Per Share was $(0.54), a 67% improvement versus $(1.71) in Q3 2023 and comparable to $(0.61) per share in Q2 2024Quarterly cash outflow of $31.3 million in Q3 2024, compared to cash outflow of $39.4 million in Q2, 2024, a 20.7% reduction between Q3 and Q2 2024, and a 58.6% reduction from Q3 2023.Our consolidation of operations from Ca ...

EV startup Canoo has lost its chief financial officer and its head lawyer, the latest in a string of executive departures as the company continues to struggle to find mass adoption of its electric work vans. CFO Greg Ethridge and general counsel Hector Ruiz both resigned from Canoo on October 31, the company announced Tuesday in a regulatory filing. Ethridge and Ruiz did not respond to requests for comment. Canoo also announced it has furloughed 30 workers in Oklahoma for 12 weeks “as part of a broader re ...

JUSTIN, Texas and LONDON, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a hightech advanced mobility company, today announced that the company has signed an agreement with The AA, the UK's No.1 breakdown provider, to enhance the customer experience with premium service and repair for Canoo's commercial fleet and government customers throughout the United Kingdom. The AA (Automobile Association) has a rich history in the UK, having been established almost 120 years ago. It has evolved from its ...

Canoo Inc. (GOEV) ended the recent trading session at $0.92, demonstrating a +0.57% swing from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.27%. Elsewhere, the Dow saw an upswing of 0.65%, while the tech-heavy Nasdaq appreciated by 0.26%.Shares of the company have depreciated by 14.73% over the course of the past month, underperforming the Auto-Tires-Trucks sector's loss of 1.49% and the S&P 500's gain of 2%.Investors will be eagerly watching for the performance of Can ...