Earnings Assessment LEV reported EPS of $0.7466 beating estimates of ($0.0878) and revenue of $14.84M which missed estimates of $37.11M. It also reported the delivery of 40 vehicles, which was an increase of 30 vehicles compared to the previous year. Revenue increased substantially year-over-year, up 357%. The company continues to operate at a loss, but it has a good cash balance of $317.8M. LEV is making good progress in growing revenue and its operations, and while valuation is fairly elevated, it's expected to grow revenues significantly in the coming years.
So said the team at 5iResearch. GLTA