CINCINNATI, June 26, 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 announced the addition of Eco Auto to its Workhorse Certified Dealer Network. Eco Auto is Workhorse's first dealer in the Greater Boston area and its 13th dealer nationwide. About Workhorse Group Inc. Located in the northwest Boston community of Tewksbury, MA, Eco Auto specializes in e ...

Troubled electric vehicle (EV) company Workhorse (NASDAQ:WKHS) just held a 1-for-20 reverse stock split to maintain the Nasdaq's minimum bid price requirement. The reverse split brought the price of shares from 15 cents to $3 apiece. All Work, No Horse Since then, the company has become a manufacturer of electric vans. WKHS stock was hot during the EV excitement of 2020, as it sought a contract to build electric delivery vans for the U.S. Postal Service. At the time, I called WKHS a "bubble stock." Oshkosh ...

Workhorse (NASDAQ:WKHS) stock is a hot topic on Thursday after the technology company announced plans for a 1-for-20 reverse stock split. With that approval, 20 shares of WKHS stock will be consolidated into a single share when markets open on June 17. The shares will continue to trade under the same ticker after the reverse split. Workhorse is enacting this reverse stock split to boost the price of WKHS shares. It's doing this to regain compliance with listing requirements for the Nasdaq Exchange. Currentl ...

Forward-Looking Statements This press release contains certain forward-looking statements within the meaning of federal securities laws with respect to the Company. Forward-looking statements are predictions, projections, and other statements about future events based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this communication, including but not l ...

At the Company's 2024 Annual Meeting of Stockholders on May 14, 2024, the Company's stockholders approved the proposal to authorize a reverse stock split of Workhorse's common stock by a ratio of any whole number between 1-for-10 and 1-for-20, at any time prior to August 30, 2024, to be determined at the discretion of the Board of Directors. The reverse stock split will occur automatically on the effective date of June 17, 2024, without any additional action on the part of our stockholders. Empire Stock Tra ...

An integral part of the collaboration is Kingsburg's commitment to purchase 141 units of the Workhorse W4 CC Class 4 battery-electric cab chassis trucks which are expected to be delivered in 2024. This order, which is subject to significant terms and conditions, including the receipt of California's Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) vouchers, demonstrates Kingsburg's confidence that Advanced Clean Fleet (ACF) regulations are changing the market for work trucks in Califo ...

Stan March - VP, Corporate Development and Communications Rick Dauch - Chief Execuitve Officer Bob Ginnan - Chief Financial Officer Operator Stan March Now I'll turn the call over to Rick Dauch. Rick? We've made positive strides in advancing our product road map, executing our strategic plans and strengthen our financial position. These efforts are enabling Workhorse to remain a segment leader in the transition to commercial EVs, specifically in the last mile delivery step van and work truck spaces. Third, ...

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like t ...

CINCINNATI, May 20, 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 first quarter ended March 31, 2024. Management Commentary "During the first quarter, we took important strategic and financial actions to better position Workhorse for the future while continuing to hit major milestones," said Workhorse CEO Rick Dauch. ...

CINCINNATI, May 20, 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 first quarter ended March 31, 2024. Management Commentary "During the first quarter, we took important strategic and financial actions to better position Workhorse for the future while continuing to hit major milestones," said Workhorse CEO Rick Dauch. ...