PHOENIX (AP) — PHOENIX (AP) — Nikola Corp. (NKLA) on Tuesday reported a loss of $147.7 million in its first quarter.
The Phoenix-based company said it had a loss of 11 cents per share. Losses, adjusted for non-recurring costs and stock option expense, came to 9 cents per share.
The pioneer in zero-emission trucks posted revenue of $7.5 million in the period.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NKLA at https://www.zacks.com/ap/NKLA
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
