Vicinity Motor Q1 EPS $(0.08) Misses $(0.05) Estimate, Sales $13.23M Miss $15.12M Estimate
Author: Benzinga Newsdesk | May 14, 2024 04:25pm
Vicinity Motor (NASDAQ:
VEV) reported quarterly losses of $(0.08) per share which missed the analyst consensus estimate of $(0.05) by 60 percent. This is a 60 percent decrease over losses of $(0.05) per share from the same period last year. The company reported quarterly sales of $13.23 million which missed the analyst consensus estimate of $15.12 million by 12.47 percent. This is a 399.58 percent increase over sales of $2.65 million the same period last year.
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