BRIEF-Lordstown Motors Reports Q4 Loss Per Share Of $0.23

Reuters · 03/17/2021 20:17
BRIEF-Lordstown Motors Reports Q4 Loss Per Share Of $0.23

- Lordstown Motors Corp RIDE.O:

  • LORDSTOWN MOTORS REPORTS FOURTH QUARTER AND FULL YEAR 2020 FINANCIAL RESULTS

  • LORDSTOWN MOTORS CORP - QTRLY NET LOSS PER SHARE $0.23

  • LORDSTOWN MOTORS CORP - HAVE RECEIVED GREATER INTEREST FOR ENDURANCE THAN WE ANTICIPATED WHEN WE ANNOUNCED OUR TRANSACTION IN AUGUST 2020

  • LORDSTOWN MOTORS CORP - EXPECTED 2021 CAPITAL EXPENDITURES OF BETWEEN $250 AND $275 MILLION

  • LORDSTOWN MOTORS CORP - EXPECTED YEAR-END 2021 LIQUIDITY OF AT LEAST $200 MILLION IN CASH AND CASH EQUIVALENTS

  • LORDSTOWN MOTORS CORP - TIMELINE TO START OF PRODUCTION (SOP) IN SEPTEMBER 2021 REMAINS ON TRACK

  • LORDSTOWN MOTORS CORP - EXPECTED 2021 OPERATING EXPENSES OF BETWEEN $40 AND $45 MILLION

  • LORDSTOWN MOTORS CORP - PLAN TO DELIVER BETA VEHICLES IN MID-2Q21

  • LORDSTOWN MOTORS CORP - ACCELERATING DEVELOPMENT OF LORDSTOWN MOTORS' SECOND VEHICLE, A VAN, WITH A GOAL OF SOP IN SECOND HALF OF 2022

  • LORDSTOWN MOTORS CORP - EXPECT TO UNVEIL A DEMONSTRATION FOR SECOND VEHICLE IN SUMMER OF 2021

Source text for Eikon: ID:nGNX2sNSRL

Further company coverage: RIDE.O


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