Canoo Inc. Announces Third Quarter 2024 Results

Quarterly revenue of $0.9 million, and year-to-date revenue of$1.50 millionQuarterly Adjusted EBITDA was $(37.7) million, an improvement of 2$(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 ...