Workhorse Group Inc. (WKHS) reported an adjusted loss of 88 cents per share for the third quarter of 2024, wider than the Zacks Consensus Estimate of a loss of 85 cents. The company had incurred an adjusted loss of $2.80 in the year-ago quarter.Workhorse generated net revenues of $2.51 million, which missed the Zacks Consensus Estimate of $6 million. Revenues fell 17.2% year over year due to the non-recurrence of a $2.3 million sales allowance obtained in the corresponding quarter of 2023.Key TakeawaysThe c ...

Workhorse Group (WKHS) came out with a quarterly loss of $0.88 per share versus the Zacks Consensus Estimate of a loss of $0.85. This compares to loss of $2.80 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.53%. A quarter ago, it was expected that this truck and drone manufacturer would post a loss of $1.40 per share when it actually produced a loss of $1.40, delivering no surprise.Over the last four quarters, the company ...

CINCINNATI, Nov. 18, 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 that it will hold its third quarter 2024 earnings conference call on Tuesday, November 19, 2024 at 6:00 p.m. Eastern time (3:00 p.m. Pacific time). The Company expects to issue its financial results in a press release after the market closes that afternoon, prior to the call. ...

CINCINNATI, Nov. 13, 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 that it has rescheduled its third quarter 2024 earnings conference call to Tuesday, November 19, 2024 at 10:00 a.m. Eastern time (7:00 a.m. Pacific time). Financial results will be issued in a press release prior to the call. “We look forward to providing an update on the imp ...

New Purchase Orders for W56: Recent orders for seven W56 electric step vans for immediate delivery upon completion of upfit. Growing Fleet Interest and Demos: Following the FedEx Forward event, Workhorse is experiencing increased parcel delivery fleet interest, with multiple demos planned in California and additional units now in the quoting process. CINCINNATI, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pio ...

CINCINNATI, Nov. 04, 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, will hold a conference call on Thursday, November 14th at 10:00 a.m. Eastern time (7:00 a.m. Pacific time) to discuss its financial results for the third quarter ended September 30, 2024 as well as the Company’s plans and outlook. Financial results will be issued in a press release prior to ...

The W56 208-inch extended wheelbase model has completed the certification process for FMVSS and received HVIP certification for safety and environmental compliance. Full production of the W56 is underway at Workhorse's Union City, Indiana facility, with deliveries expected in Q4 2024. With over 100 enhancements to the original step van model, the extended wheelbase W56 is an ideal solution for last-mile delivery, including parcels and laundry services. CINCINNATI, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Workhorse ...

AUBURN HILLS, Mich., Oct. 2, 2024 /PRNewswire/ -- Obstacles on the job site or the trail are no match for this beastly full-size concept. Mopar Mopar is the global name for Stellantis genuine parts and authentic accessories. Mopar at SEMA 2024 – Chapter 1: Workhorse and Warrior. Obstacles on the job site or the trail are no match for this beastly full-size concept. Mopar at SEMA 2024 – Chapter 1: Workhorse and Warrior.Obstacles on the job site or the trail are no match for this beastly full-size concept. A ...

Electric step van successfully travels from Cincinnati to Orlando over three days for FedEx Forward Service Provider Summit Highlights 150+ mile range, durability in challenging weather conditions, regenerative braking, and fastcharging capabilities along the route CINCINNATI, Oct. 01, 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 succes ...

Core Points - Workhorse Group Inc. is participating as a Presidential Exhibitor at the 2024 FedEx Forward Service Provider Summit, showcasing its commitment to zero-emission commercial vehicles [1][2] - The company will feature its 100% electric W56 step van, designed specifically for last-mile delivery, highlighting its range, payload capacity, and all-electric powertrain [2][3] - Workhorse emphasizes the importance of reliability, driver safety, and post-sales support to ensure fleet efficiency and customer satisfaction [3] Company Overview - Workhorse is focused on providing ground-based electric vehicles for the last-mile delivery sector, designing and manufacturing high-performance, battery-electric trucks [5] - The company also develops integrated cloud-based telematics systems to optimize energy and route efficiency for fleet operators [5] - All Workhorse vehicles aim to enhance the efficiency of transporting people and goods while minimizing environmental impact [5]