Have you ever heard of Lordstown Motors (ticker symbol: RIDE), a U.S. stock?
It is an electric vehicle manufacturer specializing in pickup trucks.
This time, I would like to introduce the company’s financial results for the period from January to March 2021, which were announced on May 24, 2021.
January to March 2021
EPS was -72¢ versus -29¢ expected.
Net sales were zero.
Capital expenditures were $53 million.