Arcimoto FUV reported its Q2 earnings results on Monday, August 15, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Arcimoto missed estimated earnings by 30.0%, reporting an EPS of $-0.39 versus an estimate of $-0.3.
Revenue was up $782 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.04 which was followed by a 4.68% increase in the share price the next day.
Here's a look at Arcimoto's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.30 | -0.26 | -0.20 | -0.16 |
| EPS Actual | -0.34 | -0.62 | -0.31 | -0.26 |
| Revenue Estimate | 1.33M | 1.48M | 1.88M | 2.09M |
| Revenue Actual | 650K | 786K | 1.50M | 717K |
To track all earnings releases for Arcimoto visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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