Canoo, Inc. (NASDAQ:GOEV) Q2 2024 Earnings Conference Call August 14, 2024 5:00 PM ET Company Participants Jon Wolf - VP, IR & Corporate Finance Tony Aquila - Investor, Executive Chairman & CEO Greg Ethridge - CFO Ramesh Murthy - SVP, Finance & Chief Accounting Officer Conference Call Participants Dan Ives - Wedbush Securities Michael Legg - The Benchmark Company Craig Irwin - ROTH MKM Stephen Gengaro - Stifel Amit Dayal - H.C. Wainright Operator Greetings and welcome to the Canoe Second Quarter 2024 Earnin ...

Canoo Inc. (GOEV) came out with a quarterly loss of $0.61 per share versus the Zacks Consensus Estimate of a loss of $0.77. This compares to loss of $3.22 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 20.78%. A quarter ago, it was expected that this company would post a loss of $0.97 per share when it actually produced a loss of $1.13, delivering a surprise of -16.49%. Over the last four quarters, the company has surpassed ...

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 ...

Exhibit 99.1 CANOO INC. ANNOUNCES SECOND QUARTER 2024 RESULTS • Quarterly revenue record of $605K • Quarterly Adjusted EBITDA was $(38.6) million, an improvement of 38% versus Q2 2023, and an improvement of 20% versus Q1 2024 • Adjusted Net Loss Per Share was $(0.61), a 46% improvement from $(1.13) per share in Q1 2024 • 33% or $20.7 million reduction in Operating Expenses versus Q1 2024 • Reduced total quarterly cash outflow by $39 million or 49% in Q2 2024 versus Q2 2023 • Relocating headquarters from Cal ...

Quarterly revenue record of $605K Quarterly Adjusted EBITDA was $(38.6) million, an improvement of 38% versus Q2 2023, and an improvement of 20% versus Q1 2024 Adjusted Net Loss Per Share was $(0.61), a 46% improvement from $(1.13) per share in Q1 2024 33% or $20.7 million reduction in Operating Expenses versus Q1 2024 Reduced total quarterly cash outflow by $39 million or 49% in Q2 2024 versus Q2 2023 Relocating headquarters from California to Texas and continued migration to our Oklahoma City and Pryor, O ...

In the latest market close, Canoo Inc. (GOEV) reached $1.68, with a +0.6% movement compared to the previous day. The stock's change was more than the S&P 500's daily loss of 0.77%. On the other hand, the Dow registered a loss of 0.6%, and the technology-centric Nasdaq decreased by 1.05%. The company's stock has dropped by 31.56% in the past month, falling short of the Auto-Tires-Trucks sector's loss of 16.52% and the S&P 500's loss of 5.85%. The upcoming earnings release of Canoo Inc. will be of great inter ...

Canoo Inc. (GOEV) is scheduled to release second-quarter 2024 results on Aug 14, after the closing bell. The Zacks Consensus Estimate for the to-be-reported quarter's loss per share and revenues is pegged at 77 cents and $1.99 million, respectively. The consensus mark for Canoo's second-quarter loss per share has remained unchanged in the past 90 days. The electric vehicle (EV) maker's bottom-line estimates imply growth of 76.09% from the year-ago quarter's reported figure. In the last reported quarter, it ...

About Canoo Media Contact: Investor Contact: IR@canoo.com The information in this press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward- looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events o ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about Canoo Inc. (GOEV) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Canoo currently has an average brokerag ...

The most recent trading session ended with Canoo Inc. (GOEV) standing at $2.44, reflecting no shift from the previouse trading day's closing. The stock's performance was behind the S&P 500's daily gain of 1.02%. On the other hand, the Dow registered a gain of 1.09%, and the technology-centric Nasdaq increased by 1.18%. The investment community will be paying close attention to the earnings performance of Canoo Inc. in its upcoming release. On that day, Canoo Inc. is projected to report earnings of -$0.90 pe ...